Microsoft stock dropped by 12% after Q2 earnings release, despite beating revenue and earnings estimates. Cloud computing revenue crossed $50 billion, but Azure growth slowed to 39%. Analysts still rate Microsoft as a buy, with a median price target suggesting 47% growth in the next year. This dip may be a buying opportunity.
Read more at Nasdaq: What Wall Street Thinks Microsoft Will Be Worth 1 Year From Now. Here’s Why It Matters.
