Morgan Stanley: Microsoft to surge nearly 50% to $1 trillion market cap in a year

Here are the main points (highlights):

• Morgan Stanley analysts are betting on Microsoft to reach $1 trillion in market value thanks to cloud adoption.

• Analyst Keith Weiss is raising his 12-month price target to $130, nearly 50 percent higher than where the stock was trading Monday.

• Morgan Stanley expects Microsoft's dominant share of the projected $250 billion public cloud market will grow.

via CNBC.com

Link: https://www.cnbc.com/2018/03/26/morgan-stanley-microsoft-to-surge-nearly-50-percent-to-1-trillion.html

Submitted March 26, 2018 at 10:20AM by snack-fu-bling https://ift.tt/2IUXLJR