Why Microsoft Stock Is Up Today

Microsoft Corporation MSFT shares are rising Thursday after Mizuho and JP Morgan raised their price targets on the stock.

What To Know: JP Morgan analyst Mark Murphy maintained Microsoft at Overweight and raised the price target from $315 to $350.

Mizuho analyst Gregg Moskowitz maintained Microsoft at Buy and raised the price target from $340 to $360.

Mizuho expressed increased conviction in Microsoft's ability to monetize generative AI and JPMorgan drew attention to an accelerated path to $10 billion in the company's AI business.

Related Link: Why Target Stock Is Rising Today

MSFT Price Action: Shares of MSFT were up 3.26% at $348.33 at the time of publication, according to Benzinga Pro.

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