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Microsoft (NASDAQ:MSFT) Trading Down 10% Following Analyst Downgrade
['Max Byerly']
Ticker Report
Microsoft Corporation (NASDAQ:MSFT – Get Free Report) fell 10% on Thursday after Scotiabank lowered their price target on the stock from $650.00 to $600.00.
Arete Research lifted their target price on Microsoft from $710.00 to $730.00 in a research note on Monday, October 27th.
Jefferies Financial Group reissued a “buy” rating on shares of Microsoft in a research note on Thursday, January 22nd.
Insiders have sold 54,100 shares of company stock valued at $27,598,872 in the last ninety days.
Microsoft Stock PerformanceThe stock has a market cap of $3.22 trillion, a price-to-earnings ratio of 30.83, a P/E/G ratio of 1.94 and a beta of 1.07.