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- Microsoft is "leading the pack" in the artificial intelligence race, according to Wedbush's Dan Ives.
- Ives wrote in a Friday note that Microsoft's AI push could add $20 per share in value.
- He maintained a $280 price target but also sees $300 in a bull-case scenario.
Microsoft is "leading the pack" in the artificial intelligence race with the company's latest AI integration into Bing, according to Wedbush's Dan Ives.
In a Friday note, he maintained an outperform rating and a $280 price target on the stock but also sees $300 under a bull-case scenario, representing a 15% jump from current levels.