Tuesday, 11 August 2026 · World
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Nº 31 Tuesday, 11 August 2026 · World Edition
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Is Microsoft overbuilding AI capacity? Bernstein says no, raises target price to $660

Markets-Economic Times · 2h ago · 🇮🇳 India
Is Microsoft overbuilding AI capacity? Bernstein says no, raises target price to $660

Bernstein maintains an Outperform rating on Microsoft and raises its target to $660, citing disciplined AI infrastructure spending, flexible datacenters, staggered commitments and strong fundamentals that support long-term growth.

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