Analysts say Microsoft’s earnings may be a turning point for the struggling tech stock

Analysts say Microsoft’s earnings may be a turning point for the struggling tech stock

Wall Street generally liked Microsoft's earnings, with many firms raising their outlooks for shares.

Analysts set Microsoft stock price target

Along with producing a 9.82% extended-session stock upsurge from $390.54 to $428.91, Microsoft’s (NASDAQ: MSFT) latest earnings report led to a veritable deluge of analyst rating and price target upgrades. Furthermore, among more than a dozen notes, only one positioned MSFT shares as a ‘Hold.’ Still, even the comparatively bearish assessment by Stifel Nicolaus’ Brad Reback came with a stock price forecast lift from $400 to $450. On the other end…