Analyst raises Microsoft stock price target to $450 amid ‘iPhone moment'

It has been a triumphant 12 months for the technology sector, with Microsoft (NASDAQ: MSFT) once again being at the center of attention.Amidst the ongoing artificial intelligence (AI) boom, MSFT has not only played a pivotal role but has also commanded substantial investor attention throughout 2023. As one of the seven Big Tech giants propelling the S&P 500‘s impressive gains, Microsoft’s stellar performance has brought the broader index to the cusp of its all-time high. Fueled by robust fundamentals and st ...