SoftBank +1.3% as tech fund prompts Deutsche Bank upgrade to Buy

• SoftBank (OTCPK:SFTBY) is up 1.3% in U.S. trading after a Deutsche Bank upgrade to Buy, from Hold.
• That's due to SoftBank's $100B Vision Fund, which would immediately be a "significant profit contributor" if it got fees of 1% of committed capital, says analyst Peter Milliken.
• But once $100B is committed, it could lift earnings by as much as 9%.
• Milliken boosted the bank's price target for SoftBank to ¥9,200 from ¥7,000 (implying 12% upside from current Tokyo price of ¥8,242).