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MSFT Oct 2024 640.000 call

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As of 03:10PM EDT. Market open.

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5 big analyst AI moves: Baidu, Accenture downgraded to Hold
Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. Analysts at the investment bank RBC Capital Markets raised their target price on Microsoft (NASDAQ:MSFT) stock from $450 to $500 on Friday, citing positive feedback from their recent investor meetings with Microsoft's Directors of Investor Relations. RBC stressed that AI remains a key growth driver for Microsoft, highlighting that the tech giant continues to make substantial investments in this rapidly developing sector.