Stifel Has Message For Microsoft Stock Investors

This article first appeared on GuruFocus. Microsoft (MSFT) shares rose in premarket trading Wednesday after Stifel upgraded the software giant to Buy from Hold and raised its price target to $575 from $530, arguing that the company is getting back on track. The upgrade centers on improving Azure growth, better operating efficiency and growing confidence that Microsoft can sustain mid-to-upper-teens revenue growth even as its cloud business continues wrestling with capacity constraints. Warning! GuruFocus has detected 3 Warning Sign with MSFT. Is MSFT fairly valued? Test your thesis with our free DCF calculator.