Notable Upgrades: Microsoft (MSFT), VMware (VMW), Parsley Energy (PE), Priceline (PCLN), 8×8 Inc. (EGHT)

Analysts at Wells Fargo (WFC) are out with a report this morning upgrading shares of Microsoft Corporation (MSFT) with an ‘Outperform‘ from ‘Market Perform‘ rating. Microsoft Corp. shares are currently priced at 16.70x this year’s forecasted earnings, which makes them inexpensive compared to the industry’s 34.78x earnings multiple. Ticker has a forward P/E of 14.36 […] View the full post at: Notable Upgrades: Microsoft (MSFT), VMware (VMW), Parsley Energy (PE), Priceline (PCLN), 8×8 Inc. (EGHT) Related posts: Microsoft To Unveil New Mobile Phones April 12 Microsoft Loses Top Executive To Juniper Roubini Upgrades Latin America’s Growth Outlook to 3.8%