MicroVision downgraded to Hold from Buy at D. Boral Capital

D. Boral Capital analyst Jesse Sobelson downgraded MicroVision (MVIS) to Hold from Buy without a price target The company’s Q4 results reinforce the growing concern around its limited visibility on near-term revenue while its operating losses and cash burn remain elevated, the analyst tells investors in a research note. The firm says MicroVision’s financial results show that meaningful commercialization remains elusive.