Wells Fargo Raises Microsoft (MSFT) Price Target to $585 on AI Growth Potential

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Jun 25, 2025
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Wells Fargo has increased its price target for Microsoft (MSFT, Financial) to $585, citing the company's strategic positioning in the artificial intelligence (AI) sector as a key driver. Analysts at the bank expect Microsoft's AI business to experience substantial growth, projecting related revenues to surpass $100 billion by the fiscal year 2029.

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