Microsoft ’s offerings to empower nontechnical business users to create and customize applications will be a big growth opportunity for the technology giant, according to Evercore ISI. The company’s shares (ticker: MSFT) have risen nearly 50% this year amid enthusiasm over the company’s Azure cloud-computing business and its success in selling subscriptions for software such as Office 365. On Monday, Evercore ISI analyst Kirk Materne reiterated his Outperform rating for Microsoft stock, citing the potential of the company’s “Power Platform” offerings. He also raised his price target to $170 from $160 for the stock. The “Power Platform” includes four Microsoft products—Power BI, Power Apps, Power Automate and Power Virtual Agents. The products enable nontechnical employees to analyze data for insights, create and modify apps, and automate business processes. Read more here