This Analyst Raises Price Targets For Microsoft And This AI Infrastructure Stock
Key takeaways
- Analyst raises Microsoft and ServiceNow targets, signaling confidence in their AI and infrastructure growth, with upside potential of 16‑24% for each.
- Microsoft target $608 (up 16.5% from $522)
- ServiceNow target $174 (up 23.7% from $141)
- Microsoft current price $494.2
What happened
Cantor Fitzgerald analyst Thomas Blakey raised price targets for Microsoft (MSFT) from $522 to $608 and for ServiceNow (NOW) from $141 to $174, keeping both stocks Overweight. He highlighted Microsoft’s new Azure Payment HSM v2 partnership with Marvell (MRVL) and Utimaco, a provisional AI Code of Conduct, and a business‑segment reorganization that moves high‑growth units into Microsoft 365 Cloud. For ServiceNow, Blakey cited an expected uptick in agentic AI driving demand for modernizations…
Why it matters
The higher targets signal stronger confidence in both companies’ growth trajectories amid a tech sector that has lagged the broader market. Microsoft’s initiatives aim to boost Azure’s capacity and security offerings, while ServiceNow’s focus on AI‑enabled security platforms positions it to capture rising demand in…
Short-term and longer-term
Short-term. Short‑term traders should watch Microsoft’s Azure capacity rollout and ServiceNow’s AI‑driven security demand.
Longer-term. Longer‑term investors see Microsoft’s strategic shift toward high‑growth cloud services and enhanced security as a solid growth engine, while ServiceNow’s AI‑enabled security platform positions it well for the…