Core Viewpoint - Piper Sandler has adjusted investment ratings for several software stocks in its latest 2026 outlook for the security and infrastructure software industry, indicating a cautious optimism for 2026 despite a challenging 2025 for software stocks overall [1] Group 1: Company Ratings Adjustments - Varonis Systems' rating has been upgraded from "Neutral" to "Overweight," with a target price increase from $45 to $47, as the company focuses on its more stable SaaS business despite previous challenges [2] - SentinelOne's rating has been downgraded from "Overweight" to "Neutral," with a target price decrease from $20 to $17, due to management changes and disappointing recent performance, despite its technology platform being viewed positively [3] Group 2: Industry Outlook - The software sector is expected to face a "scarcity of growth acceleration" in 2026, with a stable demand environment but potential disruptions from generative AI impacting traditional software business models [3] - Preferred stocks for 2026 include Palo Alto Networks, Atlassian, Check Point Software, Netskope, and ServiceNow, which are expected to stand out due to their platform integration advantages or strong defensive qualities in business models and cash flow [4]
投行Piper Sandler发布2026年软件行业展望 首选标的是这些公司
智通财经网·2026-01-05 15:08