Morgan Stanley Sees Strong Growth Potential for Microsoft in Enterprise Software with Generative AI
Portfolio Pulse from Anusuya Lahiri
Morgan Stanley analyst Keith Weiss maintains an Overweight rating on Microsoft Corp (NASDAQ:MSFT) and raises the price target from $335 to $415. Weiss believes that Microsoft is well-positioned to benefit from the rapid innovation in Generative AI technologies, which could lead to significant productivity gains in enterprise software. He estimates a $90 billion incremental opportunity for Microsoft in FY25 and raises his GAAP EPS estimates for FY25 from $13.59 to $13.84. MSFT shares traded higher by 1.16% at $342.07 on the last check Thursday.
July 06, 2023 | 5:30 pm
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POSITIVE IMPACT
Morgan Stanley analyst raises Microsoft's price target from $335 to $415, citing the company's strong positioning in the enterprise software market to benefit from Generative AI technologies. This could lead to a $90 billion incremental opportunity for Microsoft in FY25.
The raised price target and positive outlook from Morgan Stanley analyst Keith Weiss is likely to instill confidence in investors, potentially driving the stock price up in the short term. The analyst's belief in Microsoft's strong positioning to benefit from Generative AI technologies in enterprise software, which could lead to a $90 billion incremental opportunity in FY25, further supports this positive impact.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100