Microsoft Azure Drives Increased Price Targets Ahead of MSFT Q1 Earnings
Despite the company lagging behind some of the other Magnificent Seven stocks, Microsoft (MSFT) and its Azure business are seemingly driving increased price targets. Indeed, the company has gotten some renewed buzz ahead of its highly anticipated Q1 2025 earnings report. Over the past six months, Microsoft has underperformed the Nasdaq benchmark. However, it did showcase a jump in early trading as Wall Street revised its projection for the company. With the earnings report due later this week, MSFT is looking to be in prime position to benefit. Source: Computer Services Group (CSG) Also Read: IBM Launches New AI Models To Compete With Nvidia & Microsoft Microsoft Azure Driving MSFT Buzz Ahead of Key Report? Throughout the last year, the tech sector has undergone a pretty substantial transformation. With AI and cloud-based computing surging to the forefront of demand, companies have been forced to adjust. That has seen companies like Nvidia (NVDA) surge while hurting the stock price...