Shares of software companies are trading higher after B of A Securities raised its price targets on several stocks. The analyst attributed the raise to a combination of strong earnings, accelerated growth across several names and a re-rating of valuations as concerns about AI-related disruption ease.

Shares of software companies are trading higher after B of A Securities raised its price targets on several stocks. The analyst attributed the raise to a combination of strong earnings, accelerated growth across several names and a re-rating of valuations as concerns about AI-related disruption ease.