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Microsoft price target raised to $570 from $490 at Raymond James

Raymond James analyst Andrew Marok raised the firm’s price target on Microsoft (MSFT) to $570 from $490 and keeps an Outperform rating on the shares ahead of the Q4 earnings report on July 30. Azure could land at the high end of guidance for June, and Windows/OEM and Devices could surprise to the upside, aided by tariff-related pull-ins that aid the Windows 11 refresh cycle, the analyst tells investors in a research note.

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