Microsoft Stock Downgraded as Analyst Sees Unsustainable Price Growth

An analyst has downgraded their rating for Microsoft (MSFT) citing that its stock price had climbed too far, too fast. The analyst notes that they have a beneficial long position in MSFT shares.

The analyst believes that the stock's price growth was unsustainable and that it may be due for a correction. They do not provide specific guidance on what level of price decline to expect or when it might occur.

The analyst's view is based on their opinion, rather than a strict technical analysis. The analyst's full disclosure can be found at the top of this article.