Banking giant update Microsoft stock price target

A banking giant has suggested that Microsoft (NASDAQ: MSFT) stock still has potential upside despite the ongoing drop in prices.In this case, Goldman Sachs has reiterated its Buy rating on Microsoft and maintained a $600 price target, signaling continued confidence in the software giant’s long-term growth prospects despite competitive pressures in artificial intelligence.The reaffirmed target represents a projected upside of roughly 55% from Microsoft’s press-time value of $389. Notably, MSFT has had a roug ...