Stifel Lifts Microsoft Price Target to $575 on Azure Efficiency Gains
Microsoft has received a boost from Stifel's analyst Brad Reback, who upgraded the stock to Buy from Hold and lifted its price target to $575 for 2027.
The upgrade is based on several factors that could support Microsoft's revenue growth, including improving efficiency across Azure, additional data-center capacity, and a larger contribution from its OpenAI relationship.
Reback highlighted the key role of Azure in the company's outlook, noting that new infrastructure and efficiency gains will help Microsoft capture more demand after facing capacity limitations in its cloud business.