By Moz Farooque ACCA
Publication Date: 2026-10-01 17:04:00
This article first appeared on GuruFocus.
Microsoft (NASDAQ:MSFT) is getting a fresh bullish call from Wells Fargo, which added the software giant to its fourth-quarter Tactical Ideas list and raised its price target to $725 from $700. The bank sees a favorable setup into year-end as Microsoft prepares to unveil a new reporting structure, host its Ignite conference and potentially show more clearly how its AI investments are translating into revenue.
Wells Fargo analyst Michael Turrin reiterated an Overweight rating on Microsoft, arguing that the shares look attractive at roughly 25 times earnings.
See a favorable tactical setup for shares into 4Q given a [number] of key catalysts, most notably realization of its AI advantages up & down the stack, upcoming Nov. Ignite & new segment reporting, Turrin wrote.
The reporting changes could be particularly important.
Microsoft plans to reorganize its…
