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Wells Fargo said momentum is shifting back to Microsoft among mega-cap technology companies due to its AI monetization and a balanced investment approach.
Microsoft (MSFT) was in focus on Thursday after Wells Fargo added the tech behemoth to its fourth-quarter “Tactical Ideas” list, highlighting several catalysts that could strengthen its AI growth story.The brokerage raised its price target on MSFT stock to $725 from $700 and maintained an ‘Overweig…