Wedbush raises Microsoft bull case to $275 on cloud momentum

As a result of many accelerated shift to cloud due to many people working from home, Wedbush analyst Dan Ives raised the bull case on shares of Microsoft to $275, saying the boost reflects “increased confidence in the transformational cloud story in Redmond.” Azure’s cloud momentum has been so swift, in fact, that it’s “narrowing the gap” with rival Amazon’s AWS. The Final Round panel discusses. …read more

Source:: Yahoo Finance

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