Investment firm Stifel upgraded Microsoft from hold to buy, raising its price target from $530 to $575, implying 15% upside. The firm expects robust growth from artificial intelligence and the Azure and Copilot strategy to support mid to upper teens revenue growth. Azure operational efficiency improvements and disciplined capex spending should enable Microsoft to sustain current operating margins. The stock has lost approximately 2% over the past twelve months amid rising infrastructure investments. Of the 60 analysts covering Microsoft, 57 have a buy or strong buy rating.
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