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Bernstein reiterates Outperform on Microsoft, target $646 — Jul 23, 2026Microsoft’s stock is being reaffirmed with bullish ratings from multiple analysts, including Bernstein, Oppenheimer, and Truist, with price targets spanning roughly $515 to $646, signaling continued upside potential. GuruFocus GF Value metrics also show the stock as undervalued by about 31% at around $565, adding context to the optimistic outlook.