Microsoft stock is up after denying reports of lowered AI sales quotas. The company dismissed rumors of resistance to new AI software products. D.A. Davidson maintains a “Buy” rating on MSFT, with a price target of $650 for next year. Microsoft remains a cheaper AI stock at 30x forward earnings compared to others like Nvidia at over 41. Wall Street consensus is also a “Strong Buy” with price targets up to $700, indicating more potential for Microsoft stock. Overall, Microsoft is seen as a strong long-term investment in the AI sector.

Read more at Barchart: Microsoft Stock Recovers as Company Denies Reports of Lower AI Sales Quotas. Should You Buy It Here?