Baird analyst William Power lowered the firm’s price target on Microsoft (MSFT) to $500 from $540 and keeps an Outperform rating on the shares. The firm updated its model as they areexpecting solid Q3 results against weaker sentiment. Baird said they are buyers of te shares at current levels.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MSFT:
- Novartis CEO to join Anthropic board, WSJ reports
- 3 Best Technology ETFs to Buy with At Least 20% Upside Potential
- Microsoft’s (MSFT) Data Center Push Continues with 3,200 Acre Wyoming Campus
- ‘There’s Nothing Wrong,’ Says 5-Star Analyst About Microsoft Stock (MSFT)
- AI Daily: Bloom Energy jumps on expanded Oracle deal