Wall Street Analysts Lift Price Targets on Microsoft, Snowflake and Robinhood

A cluster of price-target increases hit the wires, with BofA raising its Microsoft target to $600 on artificial-intelligence-driven growth, and Rosenblatt lifting its Snowflake target to $345 on the same theme. Separately, Morgan Stanley raised its Robinhood target from $124 to $150, arguing the trading platform can deliver a 43% surge without relying on crypto-related revenue. The moves show analysts still finding room to raise estimates on companies tied to AI infrastructure and software, even after a long run-up in those shares this year. For Robinhood specifically, the Morgan Stanley call is notable because it separates the stock's upside case from crypto trading volumes, a business that has driven much of its recent revenue swings. What's unresolved is whether these targets get tested soon: all three depend on continued AI spending and trading activity holding up through the rest of the year, assumptions that haven't yet been confirmed by a full quarter of results.