Morgan Stanley: Microsoft's first choice in the software industry in 2022 gives target price of $364

$Microsoft (MSFT.US)$ Morgan Stanley issued a research report that it gave Microsoft (MSFT.US) a "outperform" rating with a target price of $364. And listed Microsoft as the first choice of the software industry in 2022.

Morgan Stanley analyst Keith Weiss said that Microsoft CEO Nadella’s remarks on the earnings call “are very consistent with the key priorities that Microsoft is investing heavily.” Considering the growth of platforms such as Azure and data services such as databases in Microsoft It’s no surprise that Nadella has made these areas the company’s overall strategic focus for the foreseeable future.

Article excerpted from the US Stock Research Agency