Analysts set Microsoft stock price target

Bank of America (BofA) reinstated its coverage of Microsoft (NASDAQ: MSFT) on Tuesday, March 24, giving it a “Buy” rating and a $500 price target, implying 31% upside potential. According to analyst Tal Liani, the tech company’s strength lies in its Azure cloud infrastructure platform, which allows it to capitalize on artificial intelligence (AI) in both infrastructure and applications.Azure, Liani argued, also lays the foundation for compute and data solutions in enterprise AI workloads. The conglomerate’s ...