Zhitong
2024.10.08 14:56

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

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