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Truist Securities on Microsoft (MSFT): 'best way to play AI in our coverage'
June 17, 2024 6:19 AM EDTTruist Securities analyst Joel P. Fishbein Jr reiterated a Buy rating and $600.00 price target on Microsoft (NASDAQ: MSFT)
The analyst comments "Heading into the quiet period for our calendar quarter coverage, we provide an update on Microsoft as one of our focus names in the sector.... More
Microsoft (MSFT) PT Raised to $550 at Tigress Financial Partners
June 13, 2024 3:55 PM EDTTigress Financial Partners analyst Ivan Feinseth raised the price target on Microsoft (NASDAQ: MSFT) to $550.00 while maintaining a Buy rating.
The analyst comments "We reiterate our Buy rating on MSFT and increase our 12-month target price to $550 as it is increasingly positioned to lead the AI revolution through the ongoing integration of generative AI functionality throughout its software stack and product portfolio. AI cloud integration and the ramp-up of AI-enabled product offerings fueled another quarter of near-record revenue and record operating results. MSFT recently reported Q3 2024 revenue increased 17% Y/Y to a near-record $61.9... More
