Wall Street Reaffirms Bullish Microsoft Outlook as Cantor Fitzgerald Raises Target to $608

Wall Street analysts project Microsoft Corp. to reach new record highs over the next 12 months, supported by enterprise artificial intelligence deployment and cloud momentum. Cantor Fitzgerald raised its price target on Microsoft to $608 from $522 with a Buy rating, while Jefferies reiterated a Buy rating with a $575 target. Citizens reiterated a Market Outperform rating with a $550 price target following the All-In Summit, implying an 11.32% upside from the stock's $494.07 level. Across 35 Wall Street analysts surveyed by TipRanks, Microsoft holds a consensus Strong Buy rating with an average target of $569.94.