Microsoft Analysts Raise Targets

It's Benzinga, bringing Wall Street to Main Street. Microsoft shares fell Thursday after the company beat fiscal first quarter earnings estimates, even as several Wall Street analysts raised their price targets, according to Benzinga. Analysts highlighted accelerating Azure growth, increased Copilot adoption, and stronger-than-expected performance in capital spending. Scotiabank raised its price target to $650, citing Azure growth and lighter-than-expected capital expenditures. Expenditures. KeyBank increased its target to $630, pointing to continued momentum in Azure, Copilot, and capital spending. DA Davidson also raised its target to $650, highlighting growth across Microsoft's AI software and infrastructure offerings. Analysts remain focused on capacity constraints, cloud margins, and whether AI revenue can offset rising infrastructure costs. Microsoft shares fell 1.4% to $523.48 Thursday. For all things money, visit Benzinga.com.