According to CNBC, Stifel upgraded Microsoft to buy from hold and raised its price target on the stock to $575 from $530, implying 15% upside from Tuesday's close. Analyst Brad Reback said robust growth from artificial intelligence and other initiatives should help Microsoft sustain mid- to upper-teens revenue growth, supported by Azure and Copilot, while operational efficiencies and strong cash flow may limit the need for outside financing. He also said product improvements in M365 should support continued Copilot adoption, and growing GitHub consumption should help drive mid- to upper-teens growth. Reback added that Azure efficiency efforts, disciplined capital spending and focused operating expense growth should allow Microsoft to maintain current operating margins. Microsoft shares have fallen about 2% over the past 12 months, and LSEG data shows 57 of 60 analysts covering the stock rate it buy or strong buy.