Microsoft has cancelled data center leases in the U.S., TD Cowen says
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/21/2026
Go back to Microsoft has cancelled data center leases in the U.S., TD Cowen says
February 26, 2025 11:00 AM EST
Bank of America said in a note Wednesday that Cloverleaf Infrastructure remains bullish on data center development despite speculation that Microsoft (NASDAQ: MSFT) is cutting back on its expansion plans.
BofA hosted a conversation with Brian Janous, Chief Commercial Officer (CCO) and co-founder of Cloverleaf Infrastructure.
Speaking in the BofA expert call, Janous is said to have emphasized that Microsoft is more likely adapting... More
February 24, 2025 4:26 PM EST
Goldman Sachs analyst Kash Rangan reiterated a Buy rating and $500.00 price target on Microsoft (NASDAQ: MSFT).
The analyst comments "We reiterate our Buy rating, $500 PT, and leave our estimates for $88bn/91bn in FY25/26 CapEx unchanged following recent reporting that Microsoft has potentially delayed or canceled some of its AI data center leases. While unconfirmed, we believe this reporting emphasizes... More
