Reported 2 days ago
Cantor Fitzgerald analyst Thomas Blakey has increased Microsoft's price target to $581 from $512 while maintaining an 'Overweight' rating ahead of the company's fiscal fourth-quarter earnings on July 30. The firm is optimistic about Microsoft's growth driven by its strengths in artificial intelligence and cloud computing, despite anticipating no major surprises this quarter due to a generally weak economy. Overall, positive momentum is observed as 2025 progresses.
Source: YAHOO