Sunday, August 2, 2026

Microsoft could soar to new highs thanks to homegrown AI push, Wells Fargo says

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Wells Fargo raises Microsoft price target to 650, citing homegrown AI models, Build conference tools, and strong OpenAI and Anthropic driven Azure AI revenue despite recent stock dip

Microsoft could soar to new highs thanks to homegrown AI push, Wells Fargo says

Microsoft is doubling down on its artificial intelligence-led strategy by debuting a series of homegrown AI models — a move that could catapult shares to new highs, according to Wells Fargo.

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