Melius Research's $430 price target implies that shares of Microsoft coul still add 7% from here.
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Stifel's $392 price target implies a 5% downside for shares of Microsoft from here.
Microsoft's big spending plans are pressuring the stock, but analysts remain bullish on the tech giant.
Jay Woods of Freedom Capital Markets takes a look at the Microsoft charts.
There is enough good in the latest results to remain bullish on Microsoft shares for the long haul.
Goldman Sachs' $600 price target implies that shares of Microsoft could rally 49%.
Guggenheim's $586 price forecast implies that shares of Microsoft could rise 12% from here.
