Reported 1 day ago
Analyst Yun Kim has raised the price target for Microsoft's stock from $500 to $550, affirming a buy rating amid insights from CEO Satya Nadella regarding the company's growth and strategy in the competitive AI landscape. Despite a recent dip in Microsoft shares following a cautious growth forecast, the company remains optimistic about future developments, particularly in generative AI and capital investments, which are expected to support profitability in the long term.
Source: YAHOO