Analysts cite Microsoft’s AI spend as Wall Street readies targets
Two Wall Street analysts say Microsoft must monetize its AI capex. Stifel’s Brad Reback kept a Hold rating and raised his price target to $530 from $450.
By Kit NortonMicrosoft spent big on AI this year and it's acutely aware it has to make money to justify the through-the-roof capex.
Two Wall Street analysts think it can.Stifel's Brad Reback kept his Hold rating on the stock, but raised his price target to $530 from $450.
Bank of America's Tal Lian…