Wall Street can't agree on Microsoft (NASDAQ: MSFT), and that disagreement might say more about the Federal Reserve than about the company itself. Since July, several firms, including Mizuho, Argus and Barclays, have lowered price targets at various points while maintaining bullish ratings or recommendations.
This scenario, where the number goes down, but the conviction doesn't move, may not seem that uncommon. That's particularly true for a stock like MSFT in 2026. The stock was one of the biggest market laggards before its Q4 fiscal year 2026 earnings report. Since the report, it's become one of the hottest stocks in the market.
