The Globe and Mail reports in its Wednesday, Sept. 23, edition that Oppenheimer analyst Brian Schwartz has reaffirmed his "outperform" recommendation for Microsoft. The Globe's Darcy Keith writes in the Eye On Equities column that Mr. Schwartz raised his share target on Microsoft to $570 from $515 after a recent meeting at the software giant's headquarters (all figures U.S.). Analysts on average target the shares at $576.40. Mr. Schwartz says in a note: "We left the meeting comfortable that our acceleration with capital discipline thesis for Microsoft remains intact. In our view, Azure and M365 commercial can sustain business acceleration in FY27 as Copilot monetization remains strong, more compute capacity comes on-line, and as customers increasingly standardize on Microsoft as the primary enterprise AI platform. Further, efficiency gains and capital discipline are key focuses and yielding more predictable capex and positive free cash flow this year, unlike some hyperscaler peers. On balance, there is multiple risk that AI disruption and pull-forward of some 2HCY26 enterprise IT spending moderates Azure and M365 commercial revenue growth heading into CY27, compresses cloud margin, and/or capex efficiency decreases."