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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