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Microsoft’s (MSFT) cloud business could come to the rescue of the struggling software giant, says Morgan Stanley. “Management’s target of $20 billion in commercial cloud revenue (for the fiscal year ending June 30, 2018) could prove conservative,” said Keith Weiss, an analyst at Morgan Stanley. He rates Microsoft stock equal weight, or hold. Microsoft on Wednesday took a $7.6 billion impairment charge on assets from its April 2014 acquisition of Scalper1 News
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