Evercore ISI reiterated an Outperform rating and $625 price target on Microsoft (NASDAQ:MSFT), saying recent share weakness should be viewed in context of strong long-term fundamentals. The analysts noted that since reporting strong fourth-quarter results, Microsoft shares had fallen about 7%, compared to a 2% rise in the S&P 500. However, the stock was still up 19% year-to-date. They said Azure’s 39% year-over-year growth in Q4 remained supported by ChatGPT inferencing and steady enterprise demand, though ...