20 AI News That Broke The Internet This Month

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2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 279

Microsoft Corporation (NASDAQ:MSFT) is a Washington-based technology company. It announced earlier this month that it would hike the quarterly dividend by nearly 11% and boost a share buyback program by another $60 billion. Morgan Stanley analyst Keith Weiss took note of the development in a recent investor note, noting the move was indicative of the attractive total return profile of the tech giant. The analyst further added that combined with mid-teens EPS growth, the stock now had an attractive risk/reward. Weiss has an Overweight rating and $506 price target on Microsoft Corporation (NASDAQ:MSFT). The analyst predicted that the tech company would spend slightly higher on stock repurchases in 2025 compared to 2024.

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