Microsoft Climbs 3% as Oppenheimer Lifts Target to $570 on Copilot Enterprise Pivot; Alphabet Ticks Up
Source: 24/7 Wall St. ·
Microsoft (NASDAQ:MSFT) shares rose 3%, reaching $514.04 in early trading after Oppenheimer lifted its price target on Microsoft stock. A Copilot overhaul aimed squarely at corporate customers is adding to the momentum, strengthening the enterprise artificial intelligence (AI) story behind Oppenheimer’s more bullish view. Technology is leading the market higher. The Technology Select Sector SPDR…
From the source
Oppenheimer just raised its Microsoft target and investors are cheering, but the company's dramatic Copilot overhaul trades predictable subscription revenue for a usage meter that rises and falls with customer behavior. Whether that bet pays off depends on a question… Market Movers desk. Editor: David Moadel . This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Microsoft ( NASDAQ:MSFT | MSFT Price Prediction ) shares rose 4%, reaching $516.39 in afternoon trading after Oppenheimer lifted its price target on Microsoft stock. A Copilot overhaul aimed squarely at corporate customers is adding to the momentum, strengthening the enterprise artificial intelligence (AI) story behind Oppenheimer’s more bullish view. Technology is leading the market higher. The Technology Select Sector SPDR Fund ( NYSEARCA:XLK ), which counts Microsoft among its largest holdings, is up 0.8%. For the broader market…