Microsoft's 'iPhone Moment:' Analyst Sees 19% Upside For Tech Giant's Stock As Copilot AI Usage Surges
Benzinga
Microsoft Corp. (NASDAQ:MSFT), a frontrunner in the AI revolution, is poised for further momentum ahead, according to Wedbush analyst Daniel Ives.
The Microsoft Analyst: Ives maintained an Outperform rating on Microsoft shares and raised the price target from $475 to $500. He highlighted that the stock remains on Wedbush’s “Best Ideas List.” The new price target suggests a potential upside of approximately 19% from current levels.
The Microsoft Thesis: The upward revision of the price target fol...
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