It's still early days for Microsoft's artificial intelligence business, according to Wells Fargo.
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The tech giant is on pace to join Nvidia in the $4 trillion market cap club.
Microsoft could stage a comeback as the technology firm's AI push starts to show signs of paying off, several analysts said.
Microsoft continues to surge on AI momentum ahead of its fiscal fourth quarter earnings, set for release after Wednesday's close.
Guggenheim's $586 price forecast implies that shares of Microsoft could rise 12% from here.
Stifel's $392 price target implies a 5% downside for shares of Microsoft from here.
Alphabet has room to run due to Google being well positioned to emerge as a frontrunner in the artificial intelligence race,…
