Why Microsoft Stock Popped Friday
The Motley Fool
Microsoft stock jumped 4.1% Friday after UBS analyst Karl Kierstead lowered his price target to $600 (implying 28% upside) while maintaining a buy rating. The analyst cited progress on Azure's Fairwater AI data centers in Atlanta and Wisconsin as key catalysts for cloud growth. However, the article notes concerns about software sector de-rating and questions whether Microsoft's 14% forecasted earnings growth justifies its 32x P/E ratio, especially given heavy capital spending pressures on free c...
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