- Melius Research analyst Ben Reitzes raised his Microsoft price target to $665 from $465 on Monday.
- Reitzes said Microsoft CEO Satya Nadella and his team will be considered the adults in charge in the AI era.
- Investors are seeking safer ways to play AI following warnings from Anthropic CEO Dario Amodei and others about the technology's dangerous potential.
- Microsoft's legacy software portfolio and cybersecurity offerings are positioned to thrive as the AI narrative shifts.
Quotes
“Microsoft CEO Satya Nadella and his team will be considered the “adults in charge” in the AI era”
“Microsoft’s legacy software portfolio — and its cybersecurity offerings — could thrive in this environment.”