Notable Downgrades: Microsoft Corp. (MSFT), 3D Systems (DDD), KLA-Tencor (KLAC), Procera Networks (PKT)

Shares of Microsoft Corporation (MSFT) trading sharply lower in mid-day trading today, after a flurry of downgrades from the sell-side following disappointing earnings results that came in below analysts’ expectations. The name was downgraded to ‘Neutral’ from ‘Overweight’ at JP Morgan this morning, lowering the price target on the shares to $47 from $53. Separately, […] View the full post at: Notable Downgrades: Microsoft Corp. (MSFT), 3D Systems (DDD), KLA-Tencor (KLAC), Procera Networks (PKT) Related posts: Insider Selling: Twitter (TWTR) CEO Unloads $5M Worth of Stock Microsoft Loses Top Executive To Juniper