Shares of Microsoft Corporation (NASDAQ:MSFT – Get Free Report) traded down 10% on Thursday after Scotiabank lowered their price target on the stock from $650.00 to $600.00. HSBC upped their price target on shares of Microsoft from $643.00 to $648.00 in a research note on Monday, October 27th. Cantor Fitzgerald reiterated an “overweight” rating and set a $590.00 target price on shares of Microsoft in a research report on Thursday. now owns 12,658 shares of the software giant’s stock worth $5,658,000 after purchasing an additional 38 shares during the last quarter. Microsoft Stock Down 10.0%The company has a 50 day moving average price of $477.57 and a 200-day moving average price of $500.68.