May 24, 2016

Cowen Upgraded Microsoft Co. (MSFT)

Microsoft Co. (MSFT) Lifted to “Outperform” at Cowen and Company



Microsoft Co. (NASDAQ:MSFT) was upgraded by analysts at Cowen and Company from a “market perform” rating to an “outperform” rating in a research note issued to investors on Tuesday, The Fly reports.

Several institutional investors have made changes to their positions in MSFT. McQueen Ball & Associates Inc. increased its position in shares of Microsoft by 0.3% in the first quarter. McQueen Ball & Associates Inc. now owns 8,429 shares of the software giant’s stock valued at $466,000 after buying an additional 25 shares during the last quarter. Palisade Capital Management LLC NJ increased its position in shares of Microsoft by 0.4% in the first quarter. Palisade Capital Management LLC NJ now owns 6,744 shares of the software giant’s stock valued at $372,000 after buying an additional 27 shares during the last quarter. Burt Wealth Advisors increased its position in shares of Microsoft by 0.5% in the fourth quarter. Burt Wealth Advisors now owns 7,393 shares of the software giant’s stock valued at $410,000 after buying an additional 40 shares during the last quarter. Quadrant Capital Group LLC increased its position in shares of Microsoft by 0.3% in the fourth quarter. Quadrant Capital Group LLC now owns 25,922 shares of the software giant’s stock valued at $1,430,000 after buying an additional 71 shares during the last quarter. Finally, BKS Advisors LLC increased its position in shares of Microsoft by 0.6% in the fourth quarter. BKS Advisors LLC now owns 14,705 shares of the software giant’s stock valued at $816,000 after buying an additional 84 shares during the last quarter.