Wells Fargo Raises Microsoft Target Price 7.7% to $700

Wells Fargo lifts MSFT price target to $700 on hybrid AI adoption trends, maintaining a buy rating while noting persistent valuation divergence among software peers.

Woofun AI reports that Wells Fargo increased its price target for Microsoft shares from $650 to $700, retaining a 'buy' rating. The bank stated that open models are accelerating intelligence deployment by lowering costs and enhancing accessibility. Surveys of CIOs indicate a growing shift toward hybrid model strategies. Wells Fargo argues that rising platform value will support higher P/E multiples, though it anticipates continued yield divergence between leading and lagging software firms due to competitive pressures.