Stocks
Microsoft Stock Sees 9.68% Upside Prediction Amid AI Debate
Microsoft Corp. (NASDAQ: MSFT) stock has bounced back from its multi-year support level around $355, according to Patrick Walravens, a Wall Street analyst at Citizens.
In a recent note sent to clients, Walravens reaffirmed his 'Market Outperform' rating for Microsoft stock and maintained the firm's 12-month price target of $550.
The analyst suggests that MSFT has a potential 9.68% upside over the next 12 months, considering the current trading price of $501.47.