Reported 2 days ago
Wall Street is optimistic about Microsoft Corporation (NASDAQ:MSFT) following their fiscal fourth-quarter earnings report, which exceeded expectations with a revenue of $76.44 billion and EPS of $3.65. Analysts maintain a Buy rating, with an average 12-month price target of $630, indicating a potential 24.32% upside. The company's growth was primarily driven by its Productivity and Business Processes and Intelligent Cloud segments. Despite the promising outlook for MSFT, some analysts suggest that other AI stocks may offer better investment potential.
Source: YAHOO