Wall Street Analyst Calls: Microsoft Downgraded, Reddit Upgraded

Reported about 5 hours ago

Recent analyst calls indicate significant shifts on Wall Street, with Seaport Research upgrading Reddit to Buy due to strong Q1 results despite a drop in user growth. Meanwhile, Michael Phillips downgraded Microsoft to Accumulate, citing recent price performance, although they still expect growth from AI demand. Other notable downgrades include Spotify and Block, while initiations of coverage have started for Okta and CoreWeave among others.

Source: YAHOO

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