Microsoft’s Azure Is Closing In On Amazon Web Services, As Per Wedbush

The bull case for Microsoft Corporation depends on the belief that its cloud platform Azure stays in the “early days of playing out,” according to Wedbush. The Analyst Daniel Ives kept up an Outperform rating on Microsoft with an unchanged $155 price target. The stock is listed as a top pick on Wedbush’s best thoughts list. The Thesis Wedbush’s first-hand checks point to a “clear acceleration” in Microsoft inking “larger and more strategic” enterprise cloud bargains, Ives said in a Wednesday note. Redmond appears to be on track to win…

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