Cloud to PCs, Microsoft forecasts spook investors as economy bites

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Go back to Cloud to PCs, Microsoft forecasts spook investors as economy bites

Microsoft (MSFT) PT Lowered to $285 at Rosenblatt

October 26, 2022 11:03 AM EDT

Rosenblatt analyst Blair Abernethy lowered the price target on Microsoft (NASDAQ: MSFT) to $285.00 (from $300.00) while maintaining a Buy rating following earnings.

The analyst commented, "After market on Tuesday, Microsoft reported Q1 results, with revenue of $50.1b, ~1% above consensus and our estimates. Microsoft... More