Benzinga’s Top Upgrades (MSFT, TGT, PT, AGU)

Microsoft Corporation (NASDAQ: MSFT) was upgraded by BGC Financial from "hold" to "buy." MSFT’s shares closed at $24.50 yesterday. Microsoft’s trailing-twelve-month gross margin is 80.16%.

BofA/Merrill upgraded Target Corporation (NYSE: TGT) from "neutral" to "buy." TGT’s shares closed at $50.72 yesterday. Target’s quarterly earnings jumped 29.80% y/y.

Deutsche Bank upgraded Portugal Telecom SGPS (NYSE: PT) from "hold" to "buy." PT’s shares closed at $11.46 yesterday. Portugal Telecom’s quarterly earnings soared 75.18% y/y.

Analysts at JP Morgan upgraded Agrium Inc (NYSE: AGU) from "neutral" to "overweight." AGU’s shares closed at $65.87 yesterday. Agrium’s quarterly earnings rose 35.89% y/y.

More Analyst Ratings here