Citi Reiterates Buy on Microsoft (MSFT), Calls It a Top Software Pick

Microsoft Corporation (NASDAQ:MSFT) is one of the AI Stocks Investors Are Watching Right Now. One of the biggest analyst calls on August 14 was for Microsoft.  Citi reiterated the stock as “Buy” stating the tech giant remains a top idea at the firm.

"MSFT remains a top pick in software, and we believe this week's announcement is another indication of the company's strong pricing power, which we believed combined with accelerating cloud/AI share gains can drive outsized returns."

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Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $631 implies a 20.65% upside; however, the Street-high target of $700 implies an upside of 33.7%.

Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements.

While we acknowledge the potential of MSFT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Must-Watch AI Stocks on Wall Street and 10 AI Stocks Making Headlines This Week.

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