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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