Why Microsoft Stock Was Climbing the Charts Today
Shares of Microsoft (NASDAQ: MSFT) took a step higher as the tech giant benefited from broader tailwinds in the stock market, a bullish analyst note, and the White House's executive order setting ground rules for artificial intelligence (AI).
The Windows maker finished the day up 2.3% after gaining as much as 2.9% earlier in the session.
There wasn't much company-specific news out on Microsoft today, but Piper Sandler gave Microsoft a full-throated endorsement on the upcoming release of the Microsoft 365 Copilot, calling it an "iPhone moment" for the enterprise software titan. It also sees the product launch as a key step for it to capitalize on its first-mover advantage in generative AI.
Source Fool.com
Microsoft Corp. Stock
€370.85
-1.870%
With 114 Buy predictions and 3 Sell predictions Microsoft Corp. is one of the favorites of our community.
As a result the target price of 424 € shows a slightly positive potential of 14.33% compared to the current price of 370.85 € for Microsoft Corp..
