BofA analyst Brad Sills raised the firm’s price target on Microsoft (MSFT) to $640 from $585 and keeps a Buy rating on the shares after the company reported “another robust quarter” that featured broad strength across the two key growth franchises of Azure and Office. Q4 results validate the firm’s view that Microsoft is an AI beneficiary in both applications and infrastructure, which sets up Microsoft for durable mid/high teens topline growth for “years to come,” the analyst tells investors.
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