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Goldman Sachs Maintains "Buy" Rating on Microsoft, with a 12-Month Price Target of US$640

BlockBeats news, September 22: Goldman Sachs recently released a research report stating that the firm held a series of investor meetings with Microsoft (MSFT.US) executives over the past 2 weeks. Goldman Sachs said its impression was that Microsoft made several key AI decisions over the past 3 years, and these decisions are now paying off as enterprises assess the importance of AI platform products.

In its research report, Goldman Sachs maintained its "Buy" rating on Microsoft and believes that areas of value discovery worth focusing on in the future will center on improvements to MAIA (Microsoft's in-house AI chip) and MAI, as well as momentum in bringing enterprise platforms to market. The 12-month price target is US$640, representing nearly 28% upside from the stock's Monday closing price of US$501.61.

Original link https://m.theblockbeats.info/flash/368453