Software stocks have taken a hit recently after the release of Anthropic’s Claude Cowork AI tool, with the iShares Expanded Tech-Software Sector ETF now in a bear market. Despite the sell-offs, analysts see potential opportunities. AI’s impact on jobs and industries is a hot topic, with AI tools like Claude Cowork changing the game. Wall Street analysts identify software stocks with significant upside potential, such as Datadog with a 61% target increase. Snowflake and Microsoft also show promise, with price targets implying 63% and 47% upside, respectively. Investors are watching closely as AI continues to reshape the software sector.

Read more at Nasdaq: Software Bear Market: 3 Stocks With 47% to 63% Upside, According to Wall Street