WWolfe Research MMicrosoft · MSFT
Wolfe Research Lowers Microsoft Price Target to $525
Rating
Buy
Price target
$525
Previous
$570
Implied upside
+34%
Wolfe Research revealed in a note on Monday that it has cut its price target on Microsoft to $525 from $570, pointing to surging memory prices that have forced the firm to raise its fiscal 2027 capital expenditure estimate to $270 billion from $230 billion, while maintaining its Outperform rating.
Analyst Alex Zukin told investors that recent memory price increases, including commentary from Micron’s latest earnings, led Wolfe to revise its already above-consensus capex estimates higher to account for rising component costs for AI infrastructure.
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The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
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