$Microsoft(MSFT)$ 

Microsoft Stock Dips Amid OpenAI Acquisition Concerns and Market Factors:

Microsoft (MSFT) stock has fallen over 8.6% in the past five days, partly due to investor concerns about OpenAI's $3 billion acquisition of AI coding assistant Windsurf. Despite Microsoft's partnership boosting MSFT in June 2024, the external acquisition raises worries about OpenAI potentially diverting resources from enhancing Microsoft's AI. This comes after OpenAI's $40 billion funding round.

Windsurf, a competitor to Cursor and offerings from Anthropic, is seen as industry consolidation. Despite the downturn, MSFT is down about 12% YTD but outperforming many tech stocks due to its resilient Azure cloud business. 

Analysts maintain a "Moderate Buy" rating with a $497.63 price target (39% upside), viewing MSFT as a defensive stock. However, lowered price targets reflect recession concerns potentially impacting enterprise cloud spending. At a P/E of around 28x (14% below its TTM average), MSFT is seen as a potential solid buy at lower levels.


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# Microsoft Analyst Ratings and Price Target Adjustment

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  • MSFT will skyrocket after earnings Wed close. BUY
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    • Gehlot
      M already in🤞🏽
      04-29
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  • I heard it said any good news will send msft much higher
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  • Thank you for sharing.

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