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In this high-growth market, and one that's been defined by continued earnings beats from many of the top so-called “Magnificent 7” high-growth mega-cap tech names, it can be hard for many growth investors to rationalize stock downgrades of key players like Amazon (AMZN) and Microsoft (MSFT).
Yet, it does appear some Wall Street analysts are dialing back their growth expectations for certain top tech players, as prime factors are driving some bearish sentiment among some renowned analysts. Specifically, analyst Alexander Haissl from Rothschild & Co. Redburn put forward a bearish note on the two companies, alongside a downgrade from “Buy” to “Neutral” for these stocks.