Midday trading on Wednesday saw a 0.2% decline in Microsoft's stock. In the end, the stock traded at $420.88, having hit a low of $420.27. In mid-day trading, about 3,572,472 shares were exchanged, which is 84% less than the average daily volume of 22,728,043 shares. The previous closing price of the stock was $421.65.

Recently, reports on Microsoft were provided by several equity analysts. In a research note released on Wednesday, January 31st, the Royal Bank of Canada increased their price objective on Microsoft from $415.00 to $450.00 and gave the company an "outperform" rating. Comparably, on the same day, Macquarie upgraded its price objective for Microsoft from $430.00 to $450.00 and assigned the business an "outperform" rating. In a research note published on Thursday, January 25th, Piper Sandler maintained an "overweight" rating for Microsoft shares and set a price objective of $455.00. In contrast, in a research note published on Thursday, February 22, Stock News lowered Microsoft from a "buy" rating to a "hold" one. Finally, on Tuesday, December 5th, Argus upgraded their price objective for Microsoft from $390.00 to $430.00 and gave the company a "buy" rating in a research note. Thirty-six research analysts have recommended buying the stock, while four have given it a hold rating. MarketBeat data indicates that the business is presently rated as a "Moderate Buy" on average, with a price target of $423.34.