Bernstein SocGen Lifts MSFT Target to $540 on AI-Driven Cloud Outlook

Bernstein SocGen has raised its price target on Microsoft (NASDAQ: MSFT) to $540 from $520, and kept an Outperform rating for the stock a couple of weeks ago. Shares are trading at $477, near their 52-week high, with a market cap of $3.55 trillion. The firm sees longer-term upside tied to Microsoft’s partnership with OpenAI. […]