Jan 8, 05:31 PM

Analysts Name Salesforce ($CRM) and CyberArk ($CYBR) as Top Software Picks for 2025, Price Target Raised to $410

Analysts are increasingly optimistic about the software sector for 2025, with several firms identifying key stocks as top picks. Needham has named Salesforce ($CRM) and CyberArk ($CYBR) as top selections, with CyberArk receiving a price target increase to $410 from $360. Deutsche Bank anticipates a 'fundamental improvement' in the software sector and has highlighted Snowflake, ServiceNow, and Zscaler as top software picks. Additionally, Bank of America has also listed $APP as a top pick for the upcoming year. Bernstein strategists have provided insights on how to navigate the tech sector in 2025, further indicating a positive outlook for software investments.