Stifel downgrades Microsoft to ‘hold’ from ‘buy’ over Azure as stock crashes 3%

Microsoft just got downgraded by Stifel, sending the stock straight into the red. The rating dropped from “buy” to “hold” after analyst Brad Reback told clients he thinks Wall Street is way too confident about where things are going. He said the expectations for 2027 are “too optimistic,” and warned there’s no solid reason to […] source: https://www.cryptopolitan.com/stifel-downgrades-microsoft-to-hold-from-buy/