BofA raises software targets as AI disruption fears ease
Bank of America raised price targets on 10 software stocks, saying fears of AI disruption are easing while it favors names with stronger growth and emerging AI monetization.
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BofA raises ServiceNow price target to $150 from $130
BofA raises its ServiceNow price target to $150 from $130 and keeps a Buy rating, citing broad software multiple expansion, improving infrastructure growth, and easing AI-disruption concerns with estimates unchanged.