TD Cowen Reiterates Buy on Microsoft at $540 Amid Fresh Bullish Notes

On June 4, 2026, TD Cowen analyst Derrick Wood reiterated a Buy rating on Microsoft with a $540 price target, joining Cantor Fitzgerald's same-day Overweight call at $502. The dual endorsements extend a bullish streak that began June 1 when Citizens' Patrick Walravens initiated coverage at Market Outperform. He followed with a June 2 reiteration and $550 target, the highest among the three firms. All notes arrive against a backdrop of broad technology-sector strength and reinforce sustained institutional support for MSFT shares through early June 2026.