9 AI Stocks In Focus: Tariffs and Key Updates

2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 317

Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements. On April 8, Jefferies reiterated Microsoft as “Buy” and lowered its price target on the stock to $475 per share from $500. Despite lowering its price target, the firm said it is sticking with the stock.

“We cut our current fiscal year ests. for top-line and bottom-line by 1% and 2% respectively across our covered Software and Internet companies. Companies with the biggest est cuts are those that are more exposed to macro pressures. Companies who we view as more insulated are MSFT, INTU, ROP, and WDAY.”