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Microsoft (MSFT) target raised at Argus as its positioned near the center of AI transformation

July 9, 2024 1:23 PM EDT

Argus analysts raised their price target for Microsoft (NASDAQ: MSFT) shares to $526 from $475 in a note Tuesday, maintaining their Buy rating on the stick, noting the company has "managed to put itself near the center of the generative AI platform transformation."

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