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Why Two Major Analysts Are Pumping The Brakes On Microsoft Before Earnings

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Why Two Major Analysts Are Pumping The Brakes On Microsoft Before Earnings

Two Wall Street firms trimmed their price targets for Microsoft ahead of its fiscal Q4 report, but both retained bullish ratings. The adjustment signals increased caution into earnings without a rating downgrade, which is likely to have only limited near-term price impact absent the actual results.

Analysis

Two Wall Street firms trimmed their price targets for Microsoft ahead of its fiscal Q4 report, but both retained bullish ratings. The adjustment signals increased caution into earnings without a rating downgrade, which is likely to have only limited near-term price impact absent the actual results.

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