Bank of America raises target prices for 10 software stocks across the board: AI shock concerns fade, sector faces valuation reshaping
智通财经2026/08/20 07:11Show original
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According to Golden Ten Data APP, the team led by Bank of America analyst Tal Liani released a research report on Wednesday, significantly raising the target price for 10 software stocks including ServiceNow (NOW.US), Figma (FIG.US), and Snowflake (SNOW.US). The reason cited was the overall expansion of valuation multiples in the software industry, as well as the market's continued easing of concerns over the disruptive impact of AI.
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