Microsoft Stock Is ‘Likely Range Bound,’ for Now, Analyst Says. - Barron's
1. Analyst Brad Reback lowers MSFT price target to $475 from $515. 2. MSFT's stock is down 11.4% since January earnings announcement. 3. Investors await Azure growth to surpass capital expenditure increases. 4. Higher capex led to concerns about revenue growth sustainability. 5. Long-term growth potential remains strong amid AI investment.