Morgan Stanley analysts Keith Weiss and Josh Baer pointed out in a research report that Microsoft's investment in OpenAI is succeeding. Seeing Microsoft's growth in direct monetization and the improvement of wallet share in the IT field, analysts raised their target share price to $530. The report said that as Microsoft makes progress in its Azure AI business, the company is well positioned in the upcoming innovation cycle of generative artificial intelligence. Analysts expect Microsoft to maintain spending discipline and achieve a mid-double-digit compound annual growth rate.