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Shares of technology giant Microsoft (MSFT) hit all-time high of $480.69 on Monday, June 16. MSFT stock is benefitting from solid financial performance led by strong demand for its cloud and artificial intelligence (AI) offerings. While Microsoft stock is trading near its all-time high, analysts see further upside potential.
Analysts’ average price target on MSFT stock is $519.21. Moreover, the highest price target for Microsoft stock is $626, representing 32% upside from current price levels.