According to online reports, Morgan Stanley analysts Keith Weiss and Josh Baer pointed out in a research report that Microsoft's investment in OpenAI is achieving success. Analysts raised their price target to $530 as they saw Microsoft's growth in direct monetization and an increase in its wallet share in the IT space. The report said that as Microsoft makes progress in its Azure AI business, Microsoft is in a favorable position in the upcoming generative artificial intelligence innovation cycle. The report pointed out that as Microsoft maintains self-discipline in spending, it will achieve a compound annual growth rate of medium single digits.