Citi raised its Microsoft price target from $570 to $600 after the company reported better-than-expected fiscal fourth-quarter 2026 results. Azure posted 43% year-over-year revenue growth on a constant-currency basis, beating consensus estimates by four percentage points, with guidance for 45% growth next quarter. Analyst sentiment remains overwhelmingly bullish with 39 Strong Buy ratings, 14 Buy ratings, and just 3 Hold ratings, with no sell recommendations. CoinCodex quantitative forecasts align closely with Citi’s target, projecting prices in the $550 to nearly $600 range between May and July 2027, with a peak projection reaching approximately $623. The earnings report eased investor concerns about slowing AI spending, as Azure’s accelerating growth signals robust enterprise demand for AI infrastructure.
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