WS #15304
Microsoft received an upgrade from Melius to Buy with a $665 target, citing strong AI security demand and Azure growth expectations above 50%. AMD also saw a price target raise to $700, reflecting sustained confidence in its data center roadmap. Meanwhile, Meta is attempting to pivot its AI strategy toward direct enterprise revenue streams, signaling a maturation of the AI investment cycle from infrastructure build-out to application monetization.
Tech AI Monetization & Upgrades
Microsoft received an upgrade from Melius to Buy with a $665 target, citing strong AI security demand and Azure growth expectations above 50%. AMD also saw a price target raise to $700, reflecting sustained confidence in its data center roadmap. Meanwhile, Meta is attempting to pivot its AI strategy toward direct enterprise revenue streams, signaling a maturation of the AI investment cycle from infrastructure build-out to application monetization.