BMO Reaffirms Outperform on Microsoft (MSFT), Stays Positive on Azure Growth

Core Insights - Microsoft Corporation (NASDAQ:MSFT) is recognized as one of the 10 most profitable stocks over the last five years, with BMO Capital maintaining an Outperform rating and a price target of $650 following discussions with cloud industry experts [1][3]. Group 1: Azure Cloud Platform - BMO Capital received positive feedback regarding Microsoft’s Azure cloud platform, noting that the company is benefiting from larger and more durable cloud migrations, particularly driven by VMWare migrations [2][3]. - The firm anticipates that Azure will grow by 37% in constant currency for the September quarter, suggesting potential upside to this forecast [3]. Group 2: Company Overview - Microsoft Corporation specializes in AI-powered cloud, productivity, and business solutions, in addition to developing and marketing software, services, and hardware [3].