Microsoft’s AI leadership inspires increasing confidence in its stock, says BMO

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

BMO Capital Markets analyst Keith Bachman lifted his price target on shares of Microsoft Corp. to $385 from $347 Friday, writing that he was “increasingly...

BMO Capital Markets analyst Keith Bachman lifted his price target on shares of Microsoft Corp.

remains in the early innings of its AI journey, we are encouraged by the company’s pace of development,” he wrote in a note to clients. Microsoft “continues to integrate AI Copilot throughout its portfolio, and we think Copilot can lead to incremental revenue generation opportunities over time.” Additionally, he estimates that AI could fuel... BMO Capital Markets analyst Keith Bachman lifted his price target on shares of Microsoft Corp.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chinese investors flock to Riyadh conference seeking new markets, capitalChinese entrepreneurs and investors are flocking to Riyadh this week to attend a business conference, which will bring together business and government leaders aiming to explore expansion and fundraising opportunities, amid warming diplomatic relations.
Source: Reuters - 🏆 2. / 97 Read more »

Memento International Sells Babak Jalali’s Sundance, SXSW Immigrant Film ‘Fremont’ to Key Markets (EXCLUSIVE)Memento International has closed a raft of deals on “Fremont,” the critically acclaimed film by BAFTA-nominated Iranian-born director Babak Jalali. The movie world premiered at Sundance…
Source: Variety - 🏆 108. / 63 Read more »

Gold Forecast: Markets Continue to See Rangebound TradingThe gold market displayed mixed price action during Tuesday\u0027s trading session, as it oscillated near the 50-Day Exponential Moving Average (EMA).
Source: Daily_Forex - 🏆 567. / 51 Read more »

Markets are making a bet that inflation is finally starting to easeDisinflationary trends could take some of the heat off the Federal Reserve.
Source: CNBC - 🏆 12. / 72 Read more »

USD/MXN collapses to 7-year lows despite risk-off sentiment in marketsUSD/MXN collapsed to new seven-year lows on Wednesday, as the interest rate differential favors the Mexican Peso (MXN), while the US Dollar (USD) weak
Source: FXStreetNews - 🏆 14. / 72 Read more »