Microsoft Corporation reported stellar quarterly results last month thanks to strong cloud momentum. The shares rallied over 9 percent in the days following the earnings announcement.
A Morgan Stanley analyst is of the view the stock remains a “strong buy” at current levels.
The Microsoft Analyst
Keith Weiss maintained an Overweight rating and $372 price target on Microsoft shares.
The Microsoft Takeaways
Secular growth trends powering Microsoft’s topline—namely Cloud Computing, Digital Transformation, Productivity, Enterprise Automation, and Security, along with strong operational efficiency—will drive margin expansion and propel its bottom line to over $20 in five years, analyst Weiss said in a note.
