TD Cowen reaffirmed a Buy rating and $655 price target on Microsoft (NASDAQ:MSFT), citing confidence in the company’s expanding AI capabilities following announcements at its Ignite conference in San Francisco. The analyst said Microsoft advanced its AI strategy with new product releases aimed at democratizing access to intelligence, embedding AI deeper into workplace functions, and addressing challenges tied to implementation and adoption. Notable additions included new Intelligence and Agent 365 control p ...

TRENDING: 13 Fallen S&P 500 Stocks Slip Into Bear Market Software giant Microsoft (MSFT) on Tuesday introduced a host of artificial-intelligence-powered productivity tools designed to integrate AI into business workflows and transform operations. But Microsoft stock slid. At its Microsoft Ignite conference in San Francisco, the company showed how AI tools can be an integral part of operations, not just an add-on. "By now, most people would agree that AI is in the process of fundamentally changing how we wor ...