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Microsoft stock receives rare downgrade as analyst says it's 'beholden' to Nvidia

yahoo.com
submitted
8 mos ago
byoldkingkongtofinance

Summary

Analysts at D.A. Davidson downgraded the stock to Neutral from Buy. The firm noted that Microsoft's early investments and commercial product rollouts initially gave the company an advantage over Amazon and Google.

The stock is up roughly 15% year to date. The stock topped in July, and is up about 15% in the past year.

Microsoft stock receives rare downgrade as analyst says it's 'beholden' to Nvidia-0
11

3 Comments

2
theonesource
8 mos ago
Given the purchases they've made, I really don't think they deserve the downgrade
2
oldkingkongOP
8 mos ago
I kind of get it? They're only as good as Nvidia at this point for AI but people are missing all their other stuff because why not
2
theonesource
8 mos ago
That's the part that makes this a little nonsensical. There's so much more to Microsoft that has nothing to do with Nvidia. I think this might be some analysts hoping to get in at a better price.