Wedbush analyst Daniel Ives said in a note that Microsoft Corporation’s “underlying growth story is built around the game-changing enterprise cloud transformation.” The Microsoft Analyst Ives has an “outperform” rating on the Satya Nadella-led company with a 12-month price target of $375. The Microsoft Thesis Writing ahead of Microsoft’s second-quarter earnings due Tuesday, Ives said—based on Wedbush’s research—he believes the Redmond, Washington-headquartered company saw another robust performance in the December quarter. The growth was led by Microsoft’s Azure/Office 365 segments. Ives expects to see a nearly 3 percent top-line beat. The analyst said the Street is looking for total revenue and EPS of $50.9 billion and $2.31 in the second quarter. In the first quarter, Microsoft’s earnings per share amounted to $2.27, while revenue came in at $45.32 billion. The tech giant is on track to beat Azure whisper growth numbers of nearly 43 percent this quarter, as per Ives. …