BofA Names Microsoft (MSFT) a Winner in Small-to-Mid-Size Business Software

We recently published a list of 12 AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against other AI stocks on latest news and ratings.

Microsoft Corporation provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements. On Wednesday, May 28, Bank of America reiterated Microsoft Corporation (NASDAQ:MSFT) as “Buy.” The firm said that Microsoft is a winner in the small-to-mid-size software business market.

“We highlight Microsoft, Intuit and HubSpot as key winners in SMB [small and mid size business] software, addressing large markets, with formidable advantages stemming from large installed bases, product depth/breadth and robust sales channels.”

BofA Names Microsoft (MSFT) a Winner in Small-to-Mid-Size Business Software

A development team working together to create the next version of Windows.

Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $505 implies a 10% upside, however, the Street-high target of $650 implies an upside of 41.87%.

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This article is originally published at Insider Monkey.