Jefferies Sees Potential In Microsoft's Power Platform

• Jefferies analyst Brent Thill notes Microsoft Corp's (NASDAQ:MSFT) emerging Power Platform has "an outsized impact via a halo effect" on the entire Microsoft suite.
• Thill describes the Power Platform as "a multi-billion dollar growth pillar" and the company's "next growth engine." 
• He sees the Power Platform's long-term user opportunity at one billion-plus from under 20 million users. 
• Related Content: Why This Microsoft Analyst Says The Tech Stock Is A Buy Now, Read Why Wells Fargo Is Bullish On Microsoft
• Thill reiterated a Buy rating and $400 price target on Microsoft (36% upside).
• Price Action: MSFT shares closed higher by 2.52% at $294.39 on Wednesday.