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From Amazon Towards Microsoft — Why 'Tide Is Shifting In The Cloud Arms Race'
Microsoft CorporationMSFTis poised to chip away further market share fromAmazon.com, IncAMZNcloud subsidiary Amazon Web Services, according to Wedbush Securities.The Microsoft Analyst:Wedbush analyst Daniel Ives maintained his Outperform rating and $300 price target on the Satya Nadella-led tech giant.The Microsoft Thesis:Ives said, based on Wedbush’s “recent field checks” for the March quarter, the investment firm strongly believes that the “tide is shifting in the cloud arms race” in favor of
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