fintech / news / / CNBC
Microsoft shares slumped 23% in the three-month period ended March 31.
Goldman Sachs set a $600 price target for Microsoft, implying nearly 61% upside.
KEY POINTS
- Only 3% of commercial Office customers had adopted Microsoft 365 Copilot by end of March.
- Goldman Sachs expects AI adoption to significantly impact Microsoft's revenue within nine months.
- AI disintermediation risks for Microsoft are considered already priced into the stock by Goldman Sachs.
COMPANIES
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