Microsoft To $325? Plus This Analyst Sees BlackRock Dropping By 15%

• Morgan Stanley lowered the price target on Microsoft Corporation MSFT from $354 to $325. Microsoft shares fell 0.3% to $233.50 in pre-market trading.
• BMO Capital cut the price target for BlackRock, Inc. BLK from $495 to $481. BlackRock shares fell 0.2% to $565.00 in pre-market trading.
• B. Riley Securities lowered the price target on Novavax, Inc. NVAX from $126 to $83. Novavax shares rose 0.1% to $21.30 in pre-market trading.
• Canaccord Genuity cut the price target for Edwards Lifesciences Corporation EW from $106 to $91. Edwards Lifesciences shares rose 1.9% to close at $84.22 on Thursday.
• B. Riley Securities boosted the price target on Cumulus Media Inc. CMLS from $23 to $25. Cumulus Media shares rose 2.3% to $7.20 in pre-market trading.

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