Wall Street raises its price targets on Microsoft $MSFT following strong fiscal Q1 earnings, driven by accelerating Azure growth and AI demand: Citi: $636 → $680 (Buy) – Strong results highlight AI-driven growth across multiple businesses. BofA: $600 → $630 (Buy) – Azure growth of 48% and strong AI monetization opportunities. Guggenheim: $586 → $595 (Buy) – Azure acceleration and Q2 guidance of 49%-50% growth beat expectations. Morgan Stanley: $600 → $650 (Overweight) – Accelerating Azure and M365 growth, with operating income rising over 20%. Piper Sandler: $610 → $650 (Overweight) – Strong Azure performance and sustained acceleration despite capacity delays. Wells Fargo: $725 → $750 (Overweight) – Azure continues to outperform despite data center delays, with M365 growth accelerating. Barclays: $600 → $610 (Overweight) – AI drives accelerating growth across Azure and Office. Citizens: $550 → $625 (Outperform) – Strong enterprise demand and Azure growth offset weakness in consumer products.