Microsoft (MSFT) analysts are bullish on the company’s A.I. potential. A Wells Fargo analyst added MSFT to its 4Q tactical ideas list and has an overweight rating with a $400 price target. Jefferies notes that its M365 Copilot “conservative assumptions” include $3B revenue in FY24 and over $19B in FY25. The analyst highlighted that “most all” of Copilots will have general availability in the next 12 months driving further upside. Kevin Green discusses this as MSFT’s 52-week high was $366.78 and its 52-week low was $213.43. Tune in to find out more about the stock market today.
Morning Trade Live
02 Oct 2023
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