Obama backs away from law to access encrypted information

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UBS Reiterates Buy on Microsoft (MSFT) as Shares Trade up

October 12, 2015 8:44 AM EDT

UBS reiterated a Buy rating and $52.00 price target on Microsoft (NASDAQ: MSFT) as company shares trade up over the past 3 months. The stock has had a hard time trending out of the $40-50 range, and UBS thinks that investors are still searching for a bottom.

Analyst Brent Thill commented, "MSFT shares have traded up ~6% over... More