Key Takeaways
- Analysts at Oppenheimer downgraded shares of Microsoft from “outperform” to “perform” on Tuesday.
- That’s rare on Wall Street, with nearly all of the analysts currently tracking the software giant holding “buy” or equivalent ratings.
- The stock rose Tuesday, leaving it up about 11% on the year.
Optimism about AI-related growth has helped shares of Microsoft (MSFT) this year, but at least one investment bank is urging caution about what might come next.
Oppenheimer analysts on…
Read the full article here