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Microsoft upgraded at Raymond James due to strong cloud potential

2015-11-30 17:50:43| Apparel - Topix.net

Turits wrote in a note that the company once looked like the legacy PC software vendor that missed out on mobile, but is now one of the only hyperscale hybrid cloud vendors. He said Microsoft's Azure should be one in a small class of elite cloud vendors alongside Amazon.com Inc.'s Turtis forecasts intelligence cloud revenue of about $25 billion in 2016, and 9% compound annual growth rate through 2018.

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