Microsoft Corporation (NASDAQ:MSFT) Reiterated To Buy by Deutsche Bank

Equities researchers at Deutsche Bank has reiterated its Buy rating on Microsoft Corporation (NASDAQ:MSFT) in a report released before the market opening on Monday.

The Deutsche Bank researchers also maintained its price target of $55.000 for Microsoft Corporation (NASDAQ:MSFT), which suggests a potential upside of 16.75 percent from the company’s current price.

On pre-market trading, shares of Microsoft Corporation plunged 0.72 percent to $47.11 apiece. It has a price range of 46.92-47.54.

Deutsche Bank also reiterated its Buy rating on NXP Semiconductors NV (NASDAQ:NXPI) with a price target of $120.00. Deutsche Bank’s price target points to a potential upside of 37.43 percent from the company’s previous close.

NXP Semiconductors NV (NASDAQ:NXPI)’s stock was trading at $87.32 a share on pre-opening, up 0.96 percent from last week’s close. It has a price range of 85.78-88.08.

NXP Semiconductors N.V. (NXP) is a holding company. The Company is a semiconductor company. The Company provides high performance mixed signal and standard product solutions.

Its product solutions are used in a range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications.

The Company operates in two segments: High Performance Mixed Signal (HPMS) and Standard Products (SP). – BusinessNewsAsia.com

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