By Natasha Abellard
Publication Date: 2026-09-21 19:27:00
Microsoft received price target increases from a pair of Wall Street firms — one was quite bullish, while the other was more cautious. Starting with the good news, Cantor Fitzgerald went to $608 per share from $522 on Microsoft, representing about 23% upside from Friday’s closing level of around $494. Analysts are enthused about Microsoft’s accelerated growth and strong fundamentals, pointing to the company’s cloud computing business, Azure. They kept their buy-equivalent overweight rating. “Growth here is accelerating, driven by faster deployment of capacity as well as other hardware and software efficiencies, with the overall business continuing to be capacity constrained,” Cantor analysts wrote in a Sunday note. In Microsoft’s fiscal 2026 fourth quarter , Azure revenue growth rose to 43%, exceeding the 39% to 40% outlook management provided on the previous quarter’s post-earnings conference call. Despite continued capacity constraints, Cantor notes that Microsoft has since…