Truist Keeps Buy Rating on Microsoft (MSFT) After New OpenAI Deal

Core Insights - Microsoft Corporation (NASDAQ:MSFT) is reaffirmed as a strong investment option, with a Buy rating and a price target of $675 from Truist Securities [1][2] - A new non-binding agreement between Microsoft and OpenAI aims to redefine their partnership, addressing investor concerns regarding their relationship [2][3] Group 1 - Truist Securities maintains a Buy rating on Microsoft following the new deal with OpenAI, indicating confidence in the company's future performance [1][2] - The partnership redefinition is expected to provide near-term stability for investors, with more details anticipated in the coming weeks [3] - Microsoft is recognized as a leading technology company specializing in software, services, and AI-powered solutions [4]