JPMorgan Keeps Microsoft Overweight With $625 Target Ahead of Earnings

JPMorgan is maintaining its Overweight rating and $625 price target on Microsoft as investors prepare for the company's quarterly results and look for signs that cloud and artificial intelligence growth can continue. Analyst Samik Chatterjee identified Azure, Microsoft 365 Commercial Cloud and Copilot as areas investors are watching for growth. He said the stock's reaction may depend more on Microsoft's outlook than on quarterly results. Microsoft is among the major cloud providers reporting earnings this week, along with Alphabet and Amazon. Analyst Dan Ives on Friday maintained an Outperform rating on Microsoft with a $615 price target.

Source: TokenPost