Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
---|
Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
---|
Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
---|
The first day of Microsoft Corp‘s (NASDAQ:MSFT) Build 2024 left a significant impression on industry analysts.
The Redmond, Washington-based company highlighted its robust position in AI and technological innovation. Here are the key insights from Goldman Sachs and Mizuho Securities.
Goldman Sachs reinforces its Buy rating with a 12-month price target of $515, reflecting a 20% upside from the current price. Analyst Kash Rangan’s confidence stems from several critical observations:
Goldman Sachs concludes that Microsoft’s ongoing innovations in AI and hardware significantly bolster its leadership position, making it a strong buy.
Also Read: Microsoft CEO Satya Nadella Says Stop Treating AI Like Humans: ‘I Sort Of Believe It’s A Tool’
Mizuho Securities’ analyst Gregg Moskowitz, CFA also reiterated a Buy rating for Microsoft, setting a price target of $450. The analysis focuses on the extensive integration of AI into Microsoft’s products and services:
Moskowitz underscores the significant revenue growth opportunities for Microsoft, driven by tangible GenAI adoption and monetization strategies. They affirm Microsoft as their top pick over the near term, bolstered by robust AI advancements.
The Microsoft Build conference aims to reinforce analyst confidence in Microsoft’s strategic direction and technological prowess. With significant advancements in AI, hardware innovation, and product integration, both Goldman Sachs and Mizuho Securities foresee substantial growth and sustained leadership for Microsoft in the tech industry.
Investors should take note of these developments as Microsoft continues to shape the future of AI and technology.
Read Next: Microsoft Unveils 5 Game-Changing AI Tools At Build 2024 Conference
Image: Shutterstock
Posted In: MSFT