Microsoft Corporation MSFT 0.72% shares are surging 10.2 percent in Friday trading after the company reported Q3 top-line and bottom-line beats. The company reported EPS of $0.67 and revenue of $21.7 billion, ahead of consensus estimates of $0.58 and $20.7, respectively.

Where does Microsoft’s stock go from here? Here’s what four Wall Street firms had to say about the company’s earnings report.

Goldman Sachs

Analyst Heather Bellini conceded that the company had a “solid performance” in Q3, but it did not do enough to convince her to change her Sell rating on the stock. Goldman did, however, raised its price target from $40 to $45.

Jefferies

Analyst John DiFucci also went for the word “solid” to describe Q3, and noted the impressive growth in Azure as a positive for the company. Despite the positive numbers, Jefferies maintains its Underperform rating on Microsoft but raised its price target from $37 to $39.

Pacific Crest

Analyst Brenan Barnicle believes…

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