Morgan Stanley Turns More Bullish on Microsoft (MSFT) After Earnings Beat

Microsoft Corporation (NASDAQ:MSFT) is one of the  AI Stocks in the Spotlight This Week. On October 30, Morgan Stanley reiterated the stock as “Overweight” and raised its price target on the stock to $650 per share from $625 following earnings.

“Microsoft exceeded consensus across all three business segments, yielding a ~3% total revenue beat, as the company executes well to ramping AI demand.”

In an investor note, the analysts shared how Microsoft is benefiting from all major technology trends driving demand in software. At the same time, CIOs are choosing to buy more of their software from fewer vendors.

Image by Tawanda Razika from Pixabay

This has placed Microsoft “in the all the right places at the right time.”

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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Disclosure: None.