Software Stocks Are Bouncing Back From AI Fears. BofA Sees More Gains Ahead.
BofA Securities analyst Tal Liani raised price targets on 10 software stocks on Wednesday, as software stocks rebound from AI-related concerns. The analyst sees further gains ahead for the sector.
Why it matters — As a software company, Figma could be affected by broader analyst sentiment and momentum in the software sector, though the article does not mention Figma directly.