TD Cowen Lowers Price Target for Microsoft to $540 from $610
TD Cowen analyst Derrick Wood has lowered the price target for Microsoft (MSFT) from $610 to $540, maintaining a Buy rating. The adjustment is based on expectations of limited Azure growth and internal R&D priorities, though modest gains in M365 are anticipated.
Tickers: $MSFT
Topics: Analyst Rating Azure M365 Microsoft Price Target R&D Stock Analysis