MICROSOFT : price target raised by Wedbush
'Microsoft delivered robust results, beating expectations on both revenue and profit, thanks to Azure growth of 30% exceeding consensus of 27%, against a backdrop of strong consumer demand', says the broker.
More importantly, Copilot conversions seem to be exploding across the Microsoft ecosystem, as the AI Revolution has begun with partners and customers lining up for Copilot deployments', it points out.
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