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Microsoft could be a $1 trillion company in a year, Morgan Stanley says

While Microsoft has gained more than 40% over the past 12 months — a gain that has taken it to repeated record closes, and far eclipses the 15% rise of the S&P 500(^GSPC)— it would have to rise by another third to hit the trillion-dollar threshold. The investment bank’s base-case scenario is that Microsoft’s stock rises 33% over the coming 12 months, a gain that would carry it to about $130 a share, lifting Microsoft’s market cap to roughly $1 trillion.