Microsoft Cloud Seen Bright Spot Amid CEO Search

By | January 10, 2014

Scalper1 News

Microsoft (MSFT) stands a good chance of building its Azure cloud computing business into 10% of revenue by 2017, despite formidable competition from Amazon.com (AMZN), IBM (IBM), Salesforce (CRM) and others, says Barclays, which upgraded the stock to overweight on Friday. Microsoft stock was up more than 1% in morning trading in the stock market today, near 36. Barclays analyst Raimo Lenschow raised his price target to 42 from 35. “Investor focus Scalper1 News

Scalper1 News