Pacific Crest Upgrades Microsoft To Outperform

Analysts at Pacific Crest upgraded Microsoft MSFT from Sector Perform to Outperform. The target price for Microsoft is set to $54. Microsoft shares have jumped 40.89% over the past 52 weeks, while the S&P 500 index has gained 17.20% in the same period. Microsoft's shares gained 1.51% to $45.51 in pre-market trading.