Why Evercore Is Even More Bullish on Microsoft (MSFT) After Its 360 Event

From Yahoo Finance: 2025-05-23 17:19:00

Microsoft Corporation (NASDAQ:MSFT) is a top AI stock, with Evercore ISI Group reaffirming its “Outperform” rating and raising its price target to $515.00. Feedback from partners shows confidence in Microsoft’s AI capabilities, especially with products like GitHub Copilot. MSFT remains a strong investment with double-digit growth and a solid balance sheet.

Partner and customer conversations at Microsoft’s 360 event show a positive outlook on the company’s AI potential in the enterprise market. Azure’s infrastructure and application capabilities put Microsoft in a prime position to benefit from the growing demand for AI. Despite economic uncertainty, customers prioritize AI spending, indicating continued interest in Microsoft’s offerings.

MSFT is ranked 1st among the best AI stocks on latest news and ratings. While Microsoft shows promise as an investment, other AI stocks may offer higher returns with less downside risk. For those seeking AI stocks with 100x upside potential, consider exploring the report on the cheapest AI stock for a potentially lucrative opportunity.

Read more: Why Evercore Is Even More Bullish on Microsoft (MSFT) After Its 360 Event