CoinScoopMorgan Stanley Maintains Overweight Rating on Microsoft with $600 Price Target
Morgan Stanley has maintained an overweight rating on Microsoft with a $600 price target, citing an 8% dividend increase and strong growth prospects. The firm expects Azure and AI-driven services to support double-digit revenue growth, projecting Azure growth to accelerate to 44.9% in FY27. While AI capital expenditures are impacting margins, operational efficiency is expected to mitigate these pressures.
Summaries are written by AI from the original article. Not investment advice.