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YahooAugust 13, 2026 at 2:18 PM NY22 days ago

Wells Fargo resets Microsoft stock price target for 2026

Microsoft spent most of this year being punished for spending too much. The stock fell more than 20%. Analysts cut targets. The narrative shifted from AI winner to AI victim. Wells Fargo was part of that story. In mid-July, it trimmed its own target to $625 from $650, nervous about how much capital ...

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