TECH - Microsoft's Generative AI Push 'Significantly Outpacing' Azure Investments: Goldman Sachs | Benzinga
Amid the technology sector’s pivot to artificial intelligence (AI), Microsoft Corp (NASDAQ:MSFT) investors have benefitted from the company’s push toward AI. A Goldman Sachs analyst noted encouraging signs that Microsoft’s investments in AI will pay off as the technology rolls out.
The Microsoft Analyst: In a note published Monday night, Kash Rangan reiterated his Buy rating for Microsoft with a price target of $515.
Main Takeaways: Rangan is encouraged by Microsoft’s wide product range and use cases.
“With a strong presence across all layers of the cloud stack, ...