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BofA Hikes Microsoft Target to $600 on Accelerating AI Cloud Growth

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • Bank of America raised Microsoft's price target to $600 following accelerating Azure cloud and AI growth.
  • Technical indicators show strong bullish momentum supported by solid fundamentals and backing from prominent investors.
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MSFT price history

490.30 +0.28% over the displayed period

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