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Explain this story: Microsoft Stock Is Moving Higher Today: What's Happening?
Microsoft (NASDAQ: MSFT) shares are rising after Piper Sandler raised its price target for the stock to $610 from $550, maintaining an Overweight rating. This increase follows Microsoft's "Super App" announcement and Piper Sandler's updated model estimating revenue growth from customer shifts to the E7 pricing tier and scaling of Copilot and Cowork consumption revenue. Other analysts from Stifel, Oppenheimer, and Cantor Fitzgerald have also issued constructive ratings and raised price targets for Microsoft.
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Microsoft (NASDAQ: MSFT) shares are rising after Piper Sandler raised its price target for the stock to $610 from $550, maintaining an Overweight rating. This increase follows Microsoft's "Super App" announcement and Piper Sandler's updated model estimating revenue growth from customer shifts to the E7 pricing tier and scaling of Copilot and Cowork consumption revenue. Other analysts from Stifel, Oppenheimer, and Cantor Fitzgerald have also issued constructive ratings and raised price targets for Microsoft.
Article tone: Positive This describes the words the journalist used. It is not a prediction, and not advice.
Published Sep 30, 2026, 11:50 ET · on this site +52m 30s