Microsoft stock jumps into earnings week as UBS trims target and outage lingers
Microsoft shares jumped 3.3% to close at $465.95 Friday, near the session high. UBS and Cantor Fitzgerald both cut price targets but kept bullish ratings, citing AI data-center expansion and Azure demand. Investors are watching for Azure growth and fallout from this week’s Microsoft 365 outage ahead of Jan. 28 earnings.