Microsoft Stock Price Target Cut to $562.69 by Analyst Estimates

A recent update to analyst estimates has seen Microsoft Corporation's stock price target drop from $568.49 to $562.69, according to data from TradingView.

This change reflects a consensus among 52 analysts who have made predictions for the company's future performance.

The new target implies that investors could see around 12% potential upside based on Microsoft's current stock price of $502.49 as of August 11th.

Across these same analysts, there is a 'Buy' rating recommendation for the company, with 58 out of 61 covering analysts suggesting this course of action.