Microsoft (NASDAQ:MSFT – Get Free Report) had its target price reduced by stock analysts at Evercore ISI from $640.00 to $580.00 in a report released on Thursday, MarketBeat reports. Sanford C. Bernstein restated an “outperform” rating and issued a $641.00 target price (down previously from $645.00) on shares of Microsoft in a research note on Thursday. Wolfe Research dropped their price target on shares of Microsoft from $675.00 to $625.00 and set an “outperform” rating on the stock in a report on Monday, December 15th. Finally, Wall Street Zen cut Microsoft from a “buy” rating to a “hold” rating in a research report on Sunday, January 18th. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $601.00.