Jefferies tells investors in a research note that Microsoft (MSFT) pushed back on this morning’s report from The Information, stressing that key metrics tell a very different story, including a 14-point acceleration in RPO growth to 51% year over year and ongoing capacity constraints driven by demand exceeding supply. Company commentary and industry checks point to strong, sustained Copilot adoption, the firm says. Jefferies, which says The Information “completely missed the point,” has a Buy rating and $490 price target on Microsoft shares.
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