Microsoft (MSFT) Is Closing The Gap With AWS - Wedbush

August 29, 2019 7:29 AM EDT
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Wedbush analyst Daniel Ives reiterated his Outperform rating and $160.00 PT on Microsoft (NASDAQ: MSFT) on the belief that the company is closing the gap with AWS.

The analyst stated "So far in the September quarter we are seeing a clear acceleration of larger and more strategic enterprise cloud deals (both domestically as well as in Europe) as we believe Redmond is poised to win the lion's share of the next phase of cloud deployments
vs. Amazon and Bezos".

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