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Microsoft (MSFT) Dips on Stifel Downgrade Amid AI Spending and Rising Competition Concerns

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The Story

News Summary

  • Microsoft shares dropped 2% after a Stifel downgrade and price target cut, amid concerns over AI spending and competition.
  • Despite this, Wedbush remains bullish on long-term cloud and AI growth potential.
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MSFT price history

495.63 +5.23% over the displayed period

Advisor Snapshot

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