Microsoft Analyst Lowers Rating, Flags Slower Growth, Flat Valuation Outlook
1. Keybanc analyst downgraded MSFT from Overweight to Sector Weight. 2. Concerns over deal cycles and revenue growth expectations emerge. 3. Foreign exchange may positively impact fiscal 2025 guidance. 4. MSFT's EV/revenue and EV/FCF ratios compared unfavorably to the sector. 5. Stock is down 0.20%, trading at $370.87.