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Microsoft and Salesforce Stock Can Fly With the Cloud, Mizuho Says

Jon Swartz

Brokerage firm Mizuho began research coverage of (MSFT) and (CRM) on Thursday with strong recommendations for both stocks because of what they have to offer in the cloud. Microsoft (ticker: MSFT), currently the world’s most highly valued company at $878.5 billion, received a Buy recommendation and $135 price target, 18% higher than its closing price of $114.50 on Wednesday. Mizuho is bullish on the software sector in general.