MSFT Gets A Bullish Call From Melius — Analyst Says AI Fears Could Benefit Leaders Like Microsoft

Microsoft (MSFT) was in focus on Monday after Melius Research upgraded the stock to ‘Buy’ from ‘Hold’, saying concerns around AI risks could make companies such as Microsoft and cybersecurity providers increasingly important.

Scotiabank separately raised its price target on Microsoft to $615 from $510 while maintaining an ‘Outperform’ rating.

MSFT shares were trading 1.70% higher at the time of writing on Monday.

Melius Upgrades Microsoft To ‘Buy’

According to TheFly, Melius Research analyst Ben Reitzes upgraded Microsoft to ‘Buy’ from ‘Hold’ with a $665 price target.

The firm said Microsoft and cybersecurity companies could become increasingly important as AI leaders discuss the risks associated with the technology. Melius believes leaders such as Microsoft could benefit from AI fears, TheFly reported.

Melius also said enterprises are spending on a secure wrapper that can route models to the right task and secure AI agents.

Scotiabank Raises Microsoft Price Target

Separately, Scotiabank…