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Microsoft (MSFT) leading the AI arms race, ChatGPT 'adds another growth leg' - Wedbush

May 11, 2023 9:40 AM EDT

Wedbush analyst Daniel Ives told investors in a note Thursday that ChatGPT adds another growth leg to the Microsoft (NASDAQ: MSFT) story. As a result, he raised the firm's price target on the stock to $340 from $325, maintaining an Outperform rating.

Alongside the AI... More