Even though Microsoft appears to be on the cusp of a revolution of consumer devices e.g. Windows Phone 7 and Xbox Kinect, Wall Street seems to be having cold feet when it comes to recommended them for investment.
Seeking Alpha is reporting that just this month FBR, Goldman, Janney Capital, Pacific Crest and Barclays have all issued a 'cut' for Microsoft. Most of this has to do with the news of PC sales leveling off this last quarter, which seems to be negating the other news of Windows 7 being the fastest selling OS in history.
Not all is bad though, as the feeling on Wall Street seems to be that MS is just performing flat for awhile, though we'll see what they have to say come Thursday when they report their earnings.