Wolfe Research analyst Scott Group downgrades Saia (NASDAQ:SAIA) from Outperform to Peer Perform.
Microsoft Represents Solid Reacceleration Story in 2024 – Bank of America Analyst Raises Forecast
B of A Securities analyst Brad Sills maintains a Buy rating on Microsoft Corp (NASDAQ: MSFT), uplifting the price target from $430 to $450, anticipating a robust second-quarter revenue growth. The increase reflects a 1% constant currency upside to $60.9 billion, driven by Azure and M365, despite weaker PC shipments. Sills highlights a potential 2% point currency tailwind and foresees significant growth in Azure, driven by new workload migrations and adoption of Microsoft's security solutions.