Oppenheimer Raises Microsoft Price Target to $570

Oppenheimer Holdings has reiterated a buy rating for Microsoft (MSFT) and increased its price target from $515 to $570. Managing Director Timothy Horan noted that the stock is currently in a consolidation phase near the $500 level and expects a breakout soon. The firm encouraged institutional clients to initiate positions, citing a potential 14.5% return from the current trading price of $498 as of September 22, 2026.