Investing.com - Microsoft (NASDAQ:MSFT) will be worth $1 trillion in a year. That's the prediction of Morgan Stanley (NYSE:MS). In a note to clients, the Wall Street firm said Microsoft's strong cloud business will drive the firm to new heights. Morgan Stanley raised its 12-month stock price target from $110 to $130. The outlook assumes that Microsoft will increase its dominant share of the public cloud market, which Morgan Stanley expects to double in size to some $250 billion. Given Microsoft's current number of outstanding shares -- roughly 7.7 billion-- a rise in its stock price to $130 a share would put it over the $1 trillion level. Microsoft's currently ranks fourth in market cap behind Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN) and Google (NASDAQ:GOOGL). Apple, whose market cap recently touched $930 billion, is widely expected to be the first trillion dollar company. Microsoft shares are up 40% in the past 12 months.