Morgan Stanley raises Microsoft target price, optimistic about its AI innovation advantages.

[Coin World][Morgan Stanley: Microsoft is in a favorable position in the upcoming generative AI innovation cycle] Analysts Keith Weiss and Josh Baer from a certain institution pointed out in a research report that Microsoft's investment in a certain AI company is proving successful. Due to the rise in Microsoft's direct monetization and the increase in its wallet share in the IT sector, analysts raised their target stock price to $530. The report states that as Microsoft makes progress in its Azure AI business, it is in a favorable position in the upcoming generative AI innovation cycle. The report noted that due to Microsoft's disciplined spending, it will achieve a mid-single-digit compound annual growth rate.