TD Cowen Maintains Buy on Microsoft, Lowers Price Target to $475
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Derrick Wood maintains a Buy rating on Microsoft but lowers the price target from $495 to $475.
October 31, 2024 | 2:34 pm
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NEUTRAL IMPACT
TD Cowen analyst Derrick Wood maintains a Buy rating on Microsoft but lowers the price target from $495 to $475.
The analyst's decision to maintain a Buy rating suggests continued confidence in Microsoft's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100