Microsoft’s AI leadership inspires increasing confidence in its stock, says BMO

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BMO Capital Markets analyst Keith Bachman lifted his price target on shares of Microsoft Corp. to $385 from $347 Friday, writing that he was “increasingly...

BMO Capital Markets analyst Keith Bachman lifted his price target on shares of Microsoft Corp.

remains in the early innings of its AI journey, we are encouraged by the company’s pace of development,” he wrote in a note to clients. Microsoft “continues to integrate AI Copilot throughout its portfolio, and we think Copilot can lead to incremental revenue generation opportunities over time.” Additionally, he estimates that AI could fuel... BMO Capital Markets analyst Keith Bachman lifted his price target on shares of Microsoft Corp.

 

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