Reported 1 day ago
Investment bank Cantor Fitzgerald remains optimistic about Microsoft Corporation (NASDAQ:MSFT), citing the company's substantial strides in AI technology. They have set a $512 price target and an Overweight rating, praising Microsoft's new AI products including updates to M365 Copilot and Azure's cloud offerings. Cantor anticipates that Microsoft will soon be recognized as a leader in agentic AI, while also acknowledging that some other AI stocks could offer potentially higher returns.
Source: YAHOO