In a report released today, Keith Weiss from Morgan Stanley reiterated a Buy rating on Microsoft, with a price target of $650.00.
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Keith Weiss has given his Buy rating due to a combination of factors that highlight Microsoft’s strategic positioning and growth potential. The recent announcement of an expanded partnership with Anthropic underscores Microsoft’s commitment to broadening its AI capabilities beyond just its collaboration with OpenAI. This partnership involves significant investments and access to Anthropic’s advanced AI models, which will be integrated into Microsoft’s Azure and AI infrastructure, enhancing the company’s offerings and market reach.
Additionally, Microsoft’s strong performance in key growth areas such as generative AI, cloud migration, and cybersecurity positions it as a leader in these sectors. The company’s accelerating revenue growth, expanding operating margins, and proactive investment strategies further support its robust market position. With shares trading at a discount compared to its large-cap software peers, the potential for sustained demand and margin expansion appears underappreciated, reinforcing Weiss’s Buy rating for Microsoft.
According to TipRanks, Weiss is a 5-star analyst with an average return of 11.8% and a 61.46% success rate. Weiss covers the Technology sector, focusing on stocks such as Microsoft, Atlassian, and Adobe.
In another report released yesterday, Jefferies also maintained a Buy rating on the stock with a $675.00 price target.