Morgan Stanley analyst Keith Weiss raised the firm’s price target on Microsoft to $520 from $465 and keeps an Overweight rating on the shares. The firm forecasts that Microsoft’s “leadership position for multiple secular growth trends” in tech, Cloud and GenAI should translate into a 14% revenue compound annual growth rate, or CAGR, and 16% EPS CAGR through FY29, which it argues should sustain a multiple “at least inline with peers.”
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