No. of Recommendations: 2
I would advise people not to put too much emphasis on analysts' price targets. It's just a guess, and getting to that price is NOT going to be a straight line going up.
For me, the main takeaways from these analyst reports are
1) consistency - multiple analysts, including MacQuarie, Piper Sandler and Wedbush, are all forecasting $10B or more of incremental revenue within 2 years from CoPilot and
2) the forecast was made by doing channel checks - actually interviewing business people who make decisions about purchasing the software.
BTW, Dan Ives of Wedbush has a 82% success rate on his Buy ratings for MSFT -
tipranks.com - Daniel ives 