HSBC Initiated Microsoft at Hold
<p>HSBC analysts initiated research coverage on <a href='https://financialmodelingprep.com/financial-summary/MSFT'>Microsoft (NASDAQ:MSFT)</a> with a Hold rating and a price target of $347.00. While recognizing Microsoft's strengths and its favorable position for AI benefits, the analysts highlighted concerns about the stock's high valuation. </p>
<p>Additionally, they expressed skepticism about the market's overly optimistic outlook on near-term AI monetization. The analysts stated that they anticipate strong short- and long-term operational performance driven by factors such as cloud computing, digital transformation, and the potential of AI.</p>

NASDAQ:MSFT