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The Economic Times
The Economic Times
Sakshi Kumari

Is Microsoft overbuilding AI capacity? Bernstein says no, raises target price to $660

Wall Street brokerage firm Bernstein has reaffirmed its 'Outperform' rating on tech titan Microsoft Corp., raising its twelve-month target price to $647-$660. This ambitious new price objective signals a potential upside of over 32 per cent from the company's recent closing price of $499.99. The upgrade comes as analysts take a closer look at Microsoft's operational strategy, finding that the tech giant is steering through its aggressive artificial intelligence push with unexpected discipline.

Debunking the Overbuilding Anxiety

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