Deutsche Bank Reiterates Buy on Microsoft (MSFT)—AI Driving Double-Digit Efficiency Gains

Microsoft Corporation (NASDAQ:MSFT) is one of the Top AI Stocks Taking Wall Street by Storm. One of the biggest analyst calls on Wednesday, August 6th, was for Microsoft. Deutsche Bank reiterated the stock as “Buy,” stating that the tech giant is well positioned for AI.

“Overall, Microsoft has noted that leaning in on AI among other things is baking in double-digit productivity gains across most of its business processes and contributing to stronger operating margins.”

Deutsche Bank Reiterates Buy on Microsoft (MSFT)—AI Driving Double-Digit Efficiency Gains

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Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $630 implies a 20% upside; however, the Street-high target of $700 implies an upside of 33.5%.

Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements.

While we acknowledge the risk and potential of MSFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MSFT and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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