CIBC's Top Picks For 2026 Software Sector
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CIBC's top software sector picks for 2026 include Constellation Software, Thomson Reuters, and Docebo, all rated as Outperformers. Constellation is seen as attractive despite a 25% YTD dip, with a US$5,260 target. Thomson Reuters has AI revenue opportunities, with a C$198 target. Docebo is valued attractively post-FEDRamp authorization, with a US$33 target. Kinaxis is upgraded to Outperformer with a $203 target, while CGI is downgraded to Neutral with a $139 target due to expected volatility.
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