Analysts reacted to Broadcom's latest quarterly results, which sent shares surging. Meanwhile, Jefferies named Microsoft a top pick, calling for about 25% upside. Check out the latest calls and chatter below. All times ET. 6:01 a.m.: Morgan Stanley downgrades Corning, sees more balanced risk-reward Corning shares will have a tougher time moving higher after their run-up this year, according to Morgan Stanley.
mountain MSFT year to date Analyst Brent Thill said Jefferies hosted meetings with Microsoft executives recently. "Our key takes: 1) Capex ramp to continue but expect efficiencies once it reaches scale; 2) Core Azure continues to be healthy, bolstered by AI halo; 3) M365 Copilot is on track, expect benefit in F2H25; 4) recent operating leverage is impressive given significant AI investments.
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