As Microsoft Corp. (NASDAQ: MSFT) stock successfully rebounded from its multi-year support level around $355 over the past two months through September 15, 2026, Patrick Walravens, a Wall Street analyst at Citizens, has signaled a cautiously positive outlook.

Walravens reiterated a ‘Market Outperform’ rating for Microsoft stock, according to a note sent to clients on Tuesday. This research analyst maintained the firm’s 12-month price target for MSFT at $550.

With Microsoft stock trading at $501.47 at the time of writing, Walravens suggests a potential 9.68% upside over the next 12 months. Citizens issued a cautiously positive statement on Microsoft stock despite having gained approximately 7% year-to-date (YTD) compared…