Stifel's $392 price target implies a 5% downside for shares of Microsoft from here.
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Melius Research's $430 price target implies that shares of Microsoft coul still add 7% from here.
Goldman Sachs' $600 price target implies that shares of Microsoft could rally 49%.
Microsoft's big spending plans are pressuring the stock, but analysts remain bullish on the tech giant.
Guggenheim's $586 price forecast implies that shares of Microsoft could rise 12% from here.
It's still early days for Microsoft's artificial intelligence business, according to Wells Fargo.
Microsoft is likely to see some upside from its push to integrate AI into its 365 offering, according to Goldman Sachs.
