Stocks
Tigress Financial Raises Microsoft Price Target to $690
Microsoft's strong earnings results have bolstered Wall Street analysts' confidence in the company's growth strategy. Tigress Financial Partners has increased its 12-month price target for Microsoft to $690, representing a 15.97% increase from the previous forecast.
The new target implies upside potential of around 40% based on Microsoft's current share price of $489. The revised outlook comes as analysts highlight Microsoft's leadership in artificial intelligence and accelerating Azure cloud growth.
Tigress Financial Partners analyst Ivan Feinseth notes that Microsoft's AI, cloud, and software ecosystem remain key drivers of durable growth and long-term shareholder value.