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Microsoft stays bullish after 37% dip; Morgan Stanley backs AI, cloud growth with $600 target

Analyst Insights
03 Aug 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Microsoft Corporation remains in a strong long-term uptrend despite a recent 37% stock correction, maintaining key technical support levels. The company recently reported earnings that exceeded forecasts, reinforcing investor confidence. Morgan Stanley reiterated an overweight rating on Microsoft with a $600 price target, highlighting its strengths in artificial intelligence and cloud computing. For traders, the leveraged Direxion Daily MSFT Bull 2X ETF offers potential gains but carries high risk and is recommended only for disciplined, short-term trading with strict risk management.

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