HomeTechEquipmentMicrosoft (MSFT): Secular Tailwinds Driven By The Shift To A.I.

Microsoft (MSFT): Secular Tailwinds Driven By The Shift To A.I.

The firm enters 2024 with a higher degree of optimism for application software, notes a Piper Sandler analyst on Microsoft (MSFT). Piper Sandler raised Microsoft’s price target to $455 from $425. The analyst highlights that new secular tailwinds for cloud and data are driven by the shift to A.I., and there are favorable risk-reward scenarios on 2025 metrics. Kevin Green joins Oliver Renick to discuss this story. Tune in to find out more about the stock market today.

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02 Jan 2024

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