Microsoft just got 2 price target increases. Why one of them is not a ringing endorsement
Not every price target increase is bullish.
TL;DR
- Cantor Fitzgerald raised Microsoft's price target to $608, from $522, maintaining an overweight rating.
- Cantor Fitzgerald cited accelerated growth in Microsoft's cloud computing business, Azure, which saw revenue growth of 43% in fiscal 2026 Q4.
- Rothschild & Co. raised Microsoft's price target to $440, from $400, maintaining a neutral rating.
- Rothschild & Co. expressed concerns about the underlying economics of AI infrastructure buildout and significant off-balance sheet commitments, particularly lease commitments.
- Jim Cramer's faith in Microsoft was renewed following strong fiscal fourth-quarter results, increasing his confidence in the company's AI infrastructure benefits.