RBC Capital upgrades a swath of software stocks, saying Q1 "marked the nadir" for fundamentals...

|By:, SA News Editor

RBC Capital upgrades a swath of software stocks, saying Q1 "marked the nadir" for fundamentals in the group. “The next several quarters should see reduced earnings risk, easier comparisons, lower FX headwinds, stimulus spending benefits..." firm says. "The hill ahead still looks steep and bumpy, but we think that is little room to fall based on the backdrop." MSFT -0.1%. ADBE -1.4%. CRM +0.5%.