What is the sentiment of this news? Please choose an answer from {strong negative/moderately negative/mildly negative/neutral/mildly positive/moderately positive/strong positive}.
Text: We cautioned investors to be wary about joining MSFT's summer rally on valuation concerns. Accordingly, it has reversed to re-test its June lows. The company remains confident about its execution through a recession, given its secular growth drivers. Therefore, investors need to ask themselves whether its valuation makes sense now.
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moderately negative
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