Wedbush Securities analyst Dan Ives has raised the price target for Microsoft Corp (NASDAQ:MSFT) from $500 to $550, citing positive AI customer feedback and the increasing monetization of Copilot and Azure. What Happened: Ives took to X to announce the price target increase on Sunday. The analyst highlighted the growing interest in Microsoft’s AI offerings and the imminent monetization of Azure, a cloud computing service, as the primary reasons for the bullish outlook. “We are raising our price target on Microsoft from $500 to $550 reflecting incrementally bullish recent AI customer checks wit…
