Goldman Sachs Raises Microsoft Price Target to $550 Amid AI Boom
Goldman Sachs' Confidence in Microsoft: Goldman Sachs raised its price target for Microsoft's stock by $70 to $550, indicating a potential 19.8% increase, driven by confidence in Microsoft's AI initiatives showcased at the recent Build conference.
Positive Analyst Outlook: Analyst Kash Rangan highlighted Microsoft's growth through tools like GitHub Copilot and Azure AI Foundry, with 56 out of 63 analysts recommending Microsoft's stock as a buy, despite regulatory concerns surrounding AI.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI) As of , Sleepless AI (AI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0122 | 0.0163 | 0.0205 | 0.0246 | 0.0288 | 0.0329 | 0.0371 |
| Fibonacci | 0.0163 | 0.0195 | 0.0214 | 0.0246 | 0.0278 | 0.0297 | 0.0329 |
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