We’ve mentioned Microsoft (MSFT) a few times lately.

 And that’s because analysts continue to praise the stock.

 According to analysts at Citi – who have a $420 price target—artificial intelligence-related events could send the stock higher. “These include general availability and monetization of flagship generative AI products such as CoPilot, better Azure data, and a stabilizing PC market,” as noted by Seeking Alpha.

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 Helping, company CFO Amy Hood has again said “Generative artificial intelligence tools will reach $10 billion in revenue faster than any other business in the software business’s history,” as noted by Barron’s.

 After finding strong support around $310, MSFT has been pushing higher.  It last traded at $337.94, and could potentially refill a bearish gap around $350 shortly.


Ian Cooper