Mizuho reduced Microsoft Corporation’s price target to $620 from $640 on January 21, maintaining an “Outperform” rating. The adjustments were made in the large-cap software group for Q4 2025 earnings preview. Analysts noted strong channel checks and robust public cloud data with high AI adoption. However, valuation multiples of software companies were impacted by AI disruption concerns.

Citi also lowered Microsoft Corporation’s price target to $660 from $690 on January 21, with a “Buy” rating. The firm predicts Azure will exceed Q2 2026 forecasts, but non-Azure business estimates were decreased due to weaker PC projections. While Microsoft shows investment potential, certain AI stocks may offer greater upside with less downside risk.

For more investment options, explore “13 Cheap AI Stocks to Buy According to Analysts” and “11 Unstoppable Growth Stocks to Invest in Now” on Insider Monkey’s website. This article contains no disclosures and was originally published by Insider Monkey.

Read more at Yahoo Finance: Mizuho Says Channel Checks Remain Strong