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Technology

Anusuya Lahiri

Analysts Bullish On Microsoft’s AI Expansion, Predict Significant Revenue Boost From Copilot, Cloud Services

Daniel Ives Wedbush Microsoft Corp Nasdaq Microsoft

Wedbush analyst Daniel Ives maintained Microsoft Corp (NASDAQ: MSFT) stock with an Outperform and raised the price target from $400 to $425.PHOTO BY MOJAHID MOTTAKIN/UNSPLASH

Wedbush analyst Daniel Ives maintained Microsoft Corp (NASDAQ: MSFT) stock with an Outperform and raised the price target from $400 to $425.

Microsoft is set for significant growth in the AI sector, particularly with the upcoming monetization of its Copilot functionality, which will likely be a game-changer for the company in 2024.

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