Microsoft Analyst Lowers Rating, Flags Slower Growth, Flat Valuation Outlook

Keybanc Capital Markets analyst Jackson Ader downgraded Microsoft Corp MSFT on Thursday from Overweight to Sector Weight.Ader expects some durable macro themes to play out during the on-calendar season.His checks in his sub-sectors and within his VAR survey were both cautious on the outlook for the remainder of the year.Also Read: Microsoft To End China Joint Venture Wicresoft, Axe 2,000 JobsAder wrote that even referring to conversations in early March with some marketing partners, it sounded like first-qu ...