Deutsche Bank Upgrades Microsoft To Buy

Deutsche Bank upgraded Microsoft Corporation (NASDAQ: MSFT) from Hold to Buy.

The price target for Microsoft has been raised from $44.00 to $55.00.

Microsoft shares have gained 17.67 percent over the past 52 weeks, while the S&P 500 index has surged 11.15 percent in the same period.

Microsoft shares jumped 1.48 percent to $48.05 in pre-market trading.