Why we’re raising our price target on Microsoft despite a softer revenue outlook

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Satya Nadella, chief executive officer of Microsoft Corp., gestures as he speaks during the Microsoft Decoded conference in Mumbai, India, on Wednesday, Feb. 22, 2017. Flipkart have chosen Microsofts Azure public cloud computing service in new a strategic partnership, Nadella said.

Amit Madheshiya | Bloomberg | Getty Images

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