Wedbush raised the firm’s price target on Microsoft (MSFT) to $515 from $475 and keeps an Outperform rating on the shares following the robust quarter. With all eyes on Big Tech earnings this week, Microsoft delivered an “Aaron Judge-like quarter,” featuring beats across the board with Q4 guidance coming in stronger than expected as the company continues to capitalize on the AI momentum across its tech stack by driving efficiencies across workloads, Wedbush adds.
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