after the bell: Microsoft initiated with a Buy and a $390 price target at Deutsche Bank
Deutsche Bank analyst Brad Zelnick initiated coverage of Microsoft with a Buy rating and $390 price target. The analyst says Microsoft "is the gold standard of Software stocks with the widest and deepest competitive moats of any company we cover." He expects Microsoft will continue to lead the "generational opportunity" in public cloud which he sizes at $127B in 2021.
follow it, glta
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