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Microsoft Targets $600 as BofA Upgrades on Accelerating Azure AI Growth

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Bank of America raised its Microsoft price target to $600 from $500 with a Buy rating.
  • Analyst Tal Liani highlighted accelerating Azure cloud growth at 43% and strong adoption of AI-powered Copilot, indicating robust long-term earnings potential despite elevated capital expenditures.
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MSFT price history

495.63 +5.23% over the displayed period

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