Jefferies Delivers Latest Microsoft Stock Price Target (MSFT)

Microsoft stock (NASDAQ: MSFT) is the most happening asset in the broader financial markets in August. The software titan has risen a record 24% in the last five days, generating remarkable profits for investors. The sudden spike in value is attracting both retail investors and institutional funds into its fold, as they constantly chase good returns. While the semiconductor sector is facing corrections, firms building the AI infrastructure are experiencing a rally this month.

MSFT was trading at $393 at the end of July but went straight to $489 in the first week of August. That’s a rise of 96 points in less than five days, indicating a bull run is on the cards. While Microsoft stock struggled to climb above $400, it is now gearing up to breach the $500 wall. The Satya Nadella-led company is among the top contenders in the AI sphere, ushering the world into the next-gen technology. The company has invested billions in the AI sector, including in several startups and data centers around the world.

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