Analysts Are Downgrading These 5 Stocks

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 269

Microsoft Corporation (NASDAQ:MSFT) has been making headlines since releasing its fiscal second-quarter results on Tuesday. The software giant posted mixed results for the quarter along with a disappointing financial outlook for the current quarter.

Meanwhile, BMO Capital lowered its ratings for Microsoft Corporation (NASDAQ:MSFT) from “Outperform” to “Market Perform” following the latest results.

Microsoft Corporation (NASDAQ:MSFT) posted adjusted earnings of $2.32 per share for its fiscal Q2, above analysts’ average estimate of $2.29 per share. The quarterly revenue of $52.75 billion was marginally below the consensus of $52.94 billion.

For its fiscal third quarter, Microsoft Corporation (NASDAQ:MSFT) projected revenue in the range of $50.5 – $51.5 billion. The outlook missed analysts’ average estimate of $52.43 billion. Microsoft stock slid over four percent after the opening bell on Wednesday following its recent earnings.

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