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Fly News Breaks for April 25, 2019
MSFT
Apr 25, 2019 | 07:32 EDT
KeyBanc analyst Brent Bracelin reiterates an Overweight rating on Microsoft, while raising his price target on the shares to $143 from $141 on a multiyear model transformation driven by fast-growing cloud and digital segments that are sustaining high growth at scale. The analyst notes that commercial cloud grew 41% year over year despite approaching a $40B run-rate scale, with the "strong" revenue beat for Q3 driven by strength in server and Windows products that was accentuated by the continuation of robust cloud adoption.
News For MSFT From the Last 2 Days
MSFT
Apr 21, 2024 | 06:24 EDT
Shares of Walmart-backed (WMT) Ibotta soared in their market debut, rising more than 30% and giving the digital marketing company a valuation of about $3. 55B... To see the rest of the story go to thefly.com. See Story Here