Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Microsoft stock just got rid of its last sell rating By: Invezz September 25, 2023 at 14:57 PM EDT Microsoft Corp (NASDAQ: MSFT) is in the red at writing even after a Guggenheim analyst raised his rating on the tech behemoth on Monday. Guggenheim no longer has a price target on Microsoft stockJohn DiFucci now rates the multinational at “neutral” – which means no one on the Wall Street has a sell rating on Microsoft stock anymore.His upgrade is based primarily on strong footing that MSFT has established in artificial intelligence.Potential monetary benefit from Generative AI is too strong a force to contend with … We do see this behemoth’s monopoly status as a valuable fulcrum that it can leverage as it has many times.On Monday, the analyst withdrew his price objective on the tech stock, though. Earlier this month, Microsoft partnered with Paige on AI-enabled cancer detection (read more).Guggenheim still sees some winds blowing against MSFTDiFucci agreed that Microsoft Corp can monetise generative artificial intelligence but warned of “material risk in size and timing of the benefit”.He also expects the titan’s Windows business to remain rather dull as PC shipments are unlikely to pop materially now that the COVID pandemic is behind us.The Guggenheim analyst still rates Microsoft stock at “neutral” only also because the Nasdaq-listed firm saw a sequential decline in Azure – its cloud unit in its latest reported quarter (find out more).On the plus side, he expects Office to continue to benefit from deal renewals and price increases. Note that the tech stock currently pays a dividend yield of nearly 1.0%.The post Microsoft stock just got rid of its last sell rating appeared first on Invezz. Related Stocks: Bio-Techne Corp C3.ai, Inc. Liberty All Star Equity Fund Microsoft Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Microsoft stock just got rid of its last sell rating By: Invezz September 25, 2023 at 14:57 PM EDT Microsoft Corp (NASDAQ: MSFT) is in the red at writing even after a Guggenheim analyst raised his rating on the tech behemoth on Monday. Guggenheim no longer has a price target on Microsoft stockJohn DiFucci now rates the multinational at “neutral” – which means no one on the Wall Street has a sell rating on Microsoft stock anymore.His upgrade is based primarily on strong footing that MSFT has established in artificial intelligence.Potential monetary benefit from Generative AI is too strong a force to contend with … We do see this behemoth’s monopoly status as a valuable fulcrum that it can leverage as it has many times.On Monday, the analyst withdrew his price objective on the tech stock, though. Earlier this month, Microsoft partnered with Paige on AI-enabled cancer detection (read more).Guggenheim still sees some winds blowing against MSFTDiFucci agreed that Microsoft Corp can monetise generative artificial intelligence but warned of “material risk in size and timing of the benefit”.He also expects the titan’s Windows business to remain rather dull as PC shipments are unlikely to pop materially now that the COVID pandemic is behind us.The Guggenheim analyst still rates Microsoft stock at “neutral” only also because the Nasdaq-listed firm saw a sequential decline in Azure – its cloud unit in its latest reported quarter (find out more).On the plus side, he expects Office to continue to benefit from deal renewals and price increases. Note that the tech stock currently pays a dividend yield of nearly 1.0%.The post Microsoft stock just got rid of its last sell rating appeared first on Invezz. Related Stocks: Bio-Techne Corp C3.ai, Inc. Liberty All Star Equity Fund Microsoft