7/107 sources · 5 publishersUpdated Oct 8, 20:59 UTC
Melius Research upgrades Microsoft to Buy and sets a $665 price target on AI security demand
Melius Research analyst Ben Reitzes raised Microsoft’s rating to Buy and issued a $665 price target, citing growing enterprise interest in AI security and governance solutions. The firm expects Azure revenue to increase by more than half by the fourth quarter of fiscal 2027. The upgrade lifted the stock about 1.7‑2% to roughly $525‑$535. Scotiabank also lifted its target to $615.
Why it matters
Melius says the higher target implies roughly 27% upside from the current price, which could attract buying interest (Melius Research). The upgrade reflects expectations of strong Azure growth, potentially boosting Microsoft’s earnings outlook.
Key facts
- 1Melius Research changed Microsoft’s rating from Hold to Buy and set a $665 price target. investing.com
- 2Analyst Ben Reitzes authored the upgrade. investing.com
- 3Azure revenue is projected to grow by more than 50% by the fourth quarter of fiscal 2027. investing.com
- 4Microsoft’s shares rose about 1.7% to $526 on the day of the upgrade. finance.yahoo.com
- 5Scotiabank raised its Microsoft price target to $615. tradingview.com
- 6Azure revenue grew 43% year‑over‑year in fiscal Q4 2026, with total revenue of $90 billion. tradingview.com
Summary written by AlphAI from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.