Microsoft (MSFT) Faces AI Growing Pains: Redburn Cuts PT and Downgrades to Neutral

Microsoft Corporation (NASDAQ:MSFT) is one of the AI Stocks Analysts are Tracking Closely. On November 18, Rothschild Redburn downgraded the stock to “Neutral” and cut the price target to $500 from $560. According to the firm, Azure has been the main growth engine for Microsoft till now, accounting for more than half of the company’s revenue growth. It has also been helping investors remain focused on cloud strength rather than the potential GenAI headwinds in the Office 365 Suite. However, Microsoft is ...