Analyst revises Microsoft stock price target

Core Viewpoint - Microsoft is experiencing a mix of cautious optimism from analysts, with price targets being adjusted amid investor sentiment focused on Azure's growth potential and upcoming earnings results [2][3]. Stock Performance - Microsoft shares are currently priced at $423, reflecting a modest increase and a solid gain of 3.06% over the past five days [2]. - The stock is trading within a 52-week range, currently positioned in the middle, and is lagging behind the S&P 500, which is nearing new highs [2]. - The monthly trading range for MSFT is between $405.57 and $438.50, with support levels identified between $410.43 and $421.09, and resistance levels from $429.37 to $438.69 [2]. Analyst Ratings and Price Targets - RBC Capital maintains an "Outperform" rating with a price target of $500, citing positive feedback from Microsoft executives but noting cautious investor sentiment regarding Azure's performance [3]. - Daiwa Securities has raised its price target from $500 to $520 while keeping a "Buy" rating, expressing confidence in Microsoft's market navigation [3]. - President Capital has slightly lowered its target from $490 to $485 but maintains a positive "Buy" stance [3]. - Citic Securities increased its target from $465 to $476, reinforcing confidence in Microsoft's long-term value [3]. - UBS analyst Karl Keirstead reiterates a "Buy" rating with an unchanged target of $500, focusing on Microsoft's fundamentals and future potential [3].