Microsoft price target raised to $360 from $340 at Mizuho

Mizuho raised the firm’s price target on Microsoft to $360 from $340 and keeps a Buy rating on the shares following its annual cybersecurity summit. Microsoft “articulated a well-rounded” cybersecurity platform that remains very well positioned to capitalize on the growing demand for security technologies, and importantly it views Security Copilot as a standalone monetizable opportunity, the analyst tells investors in a research note.