Jefferies: Copilot welcomes a major upgrade, reiterates Microsoft "Buy" rating
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Jefferies analyst Brent Thill reiterated a "Buy" rating on Microsoft with a target price of $550, emphasizing Microsoft's active expansion in the field of artificial intelligence, particularly the upgrades to Copilot. Despite facing challenges in data access and governance, Microsoft's financial condition remains robust, with strong revenue growth and an overall market sentiment that is cautiously optimistic. Thill noted that the adoption of Copilot is still in its early stages, but the intent to launch is strong, and it is expected to enhance its capabilities
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