Software's AI Panic Is Fading, and These 10 Stocks Are the First to Benefit
benzinga_article·
- BofA Securities raised price targets on 10 software stocks due to easing AI disruption fears and early signs of monetization.
- The adjustments reflect higher valuation multiples driven by strong growth and cash flow rather than raised earnings forecasts.
- Selected companies like ServiceNow and Snowflake are favored for robust metrics, while others like Adobe still face growth warnings.
