TipRanks(@TipRanks):Microsoft $MSFT price target raised to $700 from $650 at Wells Fargo Wells Fargo raised the firm's price target on Microsoft to $700 from $650 and keeps an Overweight rating on the shares. Open models accelerate diffusion of intelligence via lower cost and broader availability, the firm notes, adding that its CIO survey suggests customers increasingly taking a hybrid model approach. Wells sees increasing terminal value of incumbent platforms improving multiples vs. what market was previously pricing in, but also expects to see continued dispersion in return on yield between software winners and losers given heightened investor focus on increasingly competitive backdrop.

2026.08.12 10:50

Microsoft $MSFT price target raised to $700 from $650 at Wells Fargo Wells Fargo raised the firm's price target on Microsoft to $700 from $650 and keeps an Overweight rating on the shares. Open models accelerate diffusion of intelligence via lower cost and broader availability, the firm notes, adding that its CIO survey suggests customers increasingly taking a hybrid model approach. Wells sees increasing terminal value of incumbent platforms improving multiples vs. what market was previously pricing in, but also expects to see continued dispersion in return on yield between software winners and losers given heightened investor focus on increasingly competitive backdrop.