Walmart, Microsoft in partnership to use cloud tech
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Microsoft (MSFT) PT Maintained at $110 at KeyBanc; 'Mixed Sentiment on Moderating Azure Growth is Misplaced'
July 18, 2018 6:17 AM EDTKeyBanc maintained its price target on Microsoft (NASDAQ: MSFT) at $110.00 while maintaining a Overweight rating, ahead of the company's earnings announcement.
Analyst Brent Bracelin notes a strong combination of secular and cyclical tailwinds, suggesting MSFT could offer investors double-digit revenue growth for a fourth... More
Microsoft (MSFT) PT Raised to $123 at Piper Jaffray Ahead of 4Q Report
July 17, 2018 7:03 AM EDTPiper Jaffray raised its price target on Microsoft (NASDAQ: MSFT) to $123.00 (from $115.00) while maintaining a Overweight rating ahead of the company's 4Q earnings report. Analyst Alex Zukin believes the quarter will be characterized by strategic deal signings for Azure and a continuation of trends for... More
Walmart (WMT) Announces Strategic Partnership with Microsoft Corp. (MSFT) on Digital Innovation in Retail
July 17, 2018 6:09 AM EDTToday, Walmart Inc. (NYSE: WMT) announced it is establishing a strategic partnership with Microsoft Corp. (NASDAQ: MSFT) to further accelerate Walmarts digital transformation in retail, empower its associates worldwide and make shopping faster and easier for millions of customers around the world. Through this partnership, Walmart has chosen Microsoft as its preferred and strategic cloud provider tapping into the full range of Microsofts cloud solutions.
Walmarts commitment to technology is centered around creating incredibly convenient ways for customers to shop and empowering associates to do... More
