Microsoft Corporation MSFT 0.69% shares are up 5.4 percent in Friday’s session after a Q4 earnings report that certainly pleased the market. Was the report good enough to change Wall Street’s mind? Here’s what five top firms have to say.

Raymond James

Analyst Michael Turits called Microsoft “a secular winner in the narrowing field of hyperscale cloud contenders.”

The firm maintains a Strong Buy rating and a $62 price target.

JPMorgan

Analyst Mark Murphy said Q4 “reaffirms our view that Microsoft is favorably reshaping its long-term future and is poised to benefit as one of the leaders of the mobile-first cloud-first world.”

The firm maintains a Neutral rating and $50 price target.

Credit Suisse

Analyst Philip Winslow feels that “although Microsoft remains in transition, we view this quarter’s results as further evidence of the convergence of several drivers that position the company for continued growth and margin leverage in H2 and beyond.”

The firm maintains an Outperform rating and raised its price target from $60 to $62.50.

FBR & Co

Analyst Daniel Ives noted…

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