BUZZ - Oppenheimer raises Microsoft price target to $570, driven by AI momentum

September 22 - ** Oppenheimer has raised Microsoft MSFT.O's target price from $515 to $570, representing approximately 14% upside from the stock's latest closing price.

** Driven by Copilot's commercialization, expansion of computing capacity, and adoption of enterprise AI platforms, Azure cloud platform and 365 business productivity suite are expected to maintain growth momentum through fiscal year 2027 — brokerage report.

** The report highlights a positive outlook for free cash flow in fiscal 2027 and more predictable capital expenditures, giving Microsoft an edge over some hyperscale cloud service peers.

** The average rating from 60 analysts is "Buy"; the median target price is $557.50 — data compiled by LSEG.

** As of the previous close, the stock has risen about 4% year-to-date.

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