Microsoft Corp.(NASDAQ:MSFT) remains a top pick for Goldman Sachs, which sees significant upside in the company's stock.
In a client note released Wednesday, equity analystKash Rangandescribed Microsoft as "one of the most compelling investment opportunities" in the tech space, citing its robust position across the cloud stack and growing momentum in artificial intelligence (AI).
The investment bank maintained its Buy rating on the stock, setting a 12-month price target of $500. This projection suggests a 20% upside from Microsoft's current price levels, driven by anticipated growth across its cloud and AI offerings.
Microsoft Positioned For Long...
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