MSFT

Microsoft share prices to touch new highs with digital transformation wave, predicts Morgan Stanley

Morgan Stanley Analyst – Keith Weiss, in his recently published note, projected high price target for Microsoft Corp. stock which reportedly increased from $80 from $72. Microsoft stock price has been performing well right from the beginning of the year 2017, recording shares go up to 13.5 percent high so far this year. Also Read: Microsoft records High profits due to web-based business software “Microsoft is back to showing durable double-digit EPS growth — and investors should be willing to pay a higher multiple for that growth,” said Keith in a note. Microsoft’s business will rise due to the changing technology trends in computing, and AI (Artificial Intelligence). Due to the high demand of Microsoft’s Cloud computing platforms, analyst predicts that the company will perform ahead of th...

Microsoft Stock is building AI marketplace.

Microsoft stock-MSFT saw a good start this year with a year -to- date appreciation of 5%. It closed higher, more than 10% up, in 2016 too. In January, Microsoft declared its Q2 results. Its earnings per share exceeded analysts’ estimate by 4 cents and company’s revenue exceeded analysts’ estimate by $790 million, thus company saw a growth of 4% in comparison to a decline of 3% in the previous fiscal year’s same quarter. Artificial Intelligence market is growing at faster pace. Keeping in mind the projected growth and positive trends of the artificial intelligence market, Microsoft is taking several initiatives to earn huge benefits from this trend. Throughout the past few years, it has acquired many companies like VoloMetrix, Genee, Aorato to fortify its presence in the AI market. Recent a...

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