From Financial Modeling Prep: 2024-12-19 08:54:00

UBS analysts raised Microsoft’s price target to $525 and maintained a Buy rating, citing optimism for long-term prospects despite near-term challenges in Azure and AI. Shares are up 1% pre-market. Azure growth forecast for Q3 trimmed to 34% from 35.6%. Microsoft’s leadership in AI and cloud computing remains strong, but pricing trends and potential changes in exclusivity agreements with OpenAI could impact future dynamics. Reports of discounts on M365 Copilot pricing indicate competitive pressures in enterprise software.



Read more at Financial Modeling Prep:: UBS Lifts Microsoft Price Target, Shares Up 1%