Auburn: Downgrade Microsoft's rating to "in line with the market," citing overly high revenue and EPS expectations

Zhitong
2024.10.08 14:56

Aberdeen downgraded Microsoft's rating from "outperforming the market" to "in line with the market" due to overly high revenue and earnings per share expectations. The bank pointed out that a recent artificial intelligence report indicated slow progress in AI adoption by businesses, with related revenue potentially disappointing