Microsoft price target raised to $315 from $300 at Mizuho

Mizuho analyst Gregg Moskowitz raised the firm’s price target on Microsoft to $315 from $300 and keeps a Buy rating on the shares after the company announced Microsoft 365 Copilot, a generative artificial intelligence tool that combines large language models with data resident in Microsoft Graph and Microsoft 365 apps. The analyst’s view is that Microsoft 365 Copilot "will be a large productivity enhancer for users." The firm continues to see "very broad AI applicability" for Microsoft across consumer and enterprise use cases.