Microsoft announces quarterly earnings release date

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Microsoft (MSFT) PT Raised to $495 at TD Cowen

July 18, 2024 5:08 AM EDT

TD Cowen analyst J. Derrick Wood raised the price target on Microsoft (NASDAQ: MSFT) to $495.00 (from $470.00) while maintaining a Buy rating.

The analyst comments "Office 365 Commercial: We model 14% cc growth (vs. 15% cc last qtr) and expect MSFT to deliver an in-line qtr. While vendor consolidation and ARPU growth via... More

Microsoft (MSFT) stock target hiked at BofA on Azure strength

July 17, 2024 8:11 AM EDT

Bank of America raised its price target for Microsoft (NASDAQ: MSFT) stock to $510 from $480 in a note Wednesday, citing robust performance in the company's Azure cloud services and early traction with its new Copilot feature.

"Channel commentary [is] consistent with a healthy Q3," notes BofA, with most Microsoft partners tracking above or in line with expectations ahead of the Q2FY24 results, which will be reported on July 30.

The... More