OpenAI Funding Gives Microsoft (MSFT) Stock Breathing Space [Yahoo! Finance]
Microsoft Corporation (MSFT)
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Source: Yahoo! Finance
Microsoft Corporation (NASDAQ:MSFT) is one of the best WallStreetBets stocks to buy according to analysts . Stefan Slowinski, an analyst at BNP Paribas, commented on February 27 that OpenAI's recent funding round, which values the company at $840 billion, is a positive for partners like Microsoft Corporation (NASDAQ:MSFT). Famous investor Michael Burry is a vocal critic of OpenAI and has raised questions about the company's ability to fund its progress. This development will ease investor concerns, especially as MSFT has a 27% equity stake in Sam Altman's firm. Elsewhere, analysts remain bullish on the stock. Tyler Radke from Citi reaffirmed a Buy rating with a price target of $635 on Microsoft Corporation (NASDAQ:MSFT) on February 20. The analyst explained that the major reasons behind its rating were the continued strength in the Azure cloud business and strong momentum in Copilot. The analyst made these comments after meeting with Microsoft's investor relations team. He commen
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