https://www.live-feeds.com/feed/veteran-bank-cuts-microsoft-stock-price-target-on-ai-spending-concernsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/veteran-bank-cuts-microsoft-stock-price-target-on-ai-spending-concernshttps://www.live-feeds.com/feed/veteran-bank-cuts-microsoft-stock-price-target-on-ai-spending-concerns#u20531Wed, 01 Jul 2026 19:40:32 +0000Microsoft's stock has hit a 52-week low amid concerns over AI spending and its impact on the company's profitability. The stock is down over 25% year-to-date. Stifel cut Microsoft's price target to $400 from $415, citing rising AI and cloud infrastructure investments.What's confirmed:Microsoft's stock hit a 52-week low of $349.20.The stock is down over 25% year-to-date.Stifel cut Microsoft's price target to $400 from $415.Rising AI and cloud infrastructure investments will drive up capital expenditures and depreciation.Microsoft's Azure growth remains a key suppor