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Investor's Business Daily

Investor's Business Daily

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Technology

Microsoft has a "derisked setup" for its fiscal third-quarter results, analyst says

Investor's Business Daily
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Microsoft will report its fiscal third-quarter results after the market close on Wednesday .

Jefferies analyst Brent Thill reiterated his buy rating on Microsoft stock with a price target of 475 .

Thill said he is bullish on Microsoft 's long-term outlook and its ability to gain market share in cloud computing.

He expects Microsoft to give conservative guidance, given uncertainty around the Trump tariffs.