RBC Capital and Jefferies Keep Bullish Ratings on Microsoft (MSFT)
1 sources·1 updates
RBC Capital and Jefferies have both reaffirmed their bullish ratings on Microsoft Corporation (NASDAQ:MSFT), with RBC setting a price target of $640 and Jefferies at $675. Jefferies highlighted the company's integration of AI into its Microsoft 365 and Azure platforms, which is expected to significantly increase enterprise AI spending and improve profit margins.
Key Points
RBC Capital set a price target of $640 for Microsoft shares.
Jefferies has a price target of $675 after discussions with company leadership.
Microsoft is currently trading at 21 times its expected EPS for fiscal year 2027.
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