Morgan Stanley points to Microsoft hitting 650—this space is a bit “fragrant,” but after tech stocks rebound in Q2, can they still surge higher?

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CryptoWorld News reports that Morgan Stanley predicts Microsoft stock (MSFT) will reach a new target price of $650, representing a $200 increase from the current price. The firm maintains a buy rating on Microsoft, believing that the company is poised for double-digit growth in the coming months. Currently, Microsoft stock opened at $450 on Monday, just 4.8% below its year-to-date high of $481. As technology stocks rebounded in the second quarter, investors who entered during the downturn have already realized profits.
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