By Moz Farooque ACCA
Publication Date: 2026-10-05 17:28:00
This article first appeared on GuruFocus.
Microsoft (NASDAQ:MSFT) just picked up a fresh Wall Street upgrade as Melius Research turned bullish on the software giant, arguing that growing enterprise concerns around artificial intelligence could actually strengthen demand for Microsoft’s security, governance and cloud platforms.
Melius analyst Ben Reitzes upgraded Microsoft to Buy from Hold and raised his price target to $665, implying roughly 28% upside from the share price cited in the report.
The shift marks a notable reversal from earlier concerns around Azure and Copilot.
Reitzes now believes enterprises are becoming more cautious about how they deploy AI models and agents, creating demand for trusted platforms that can control model access, manage agent behavior and add security and governance layers.
He sees Microsoft as especially well positioned to benefit from that shift and described…
