AI Fears Are 'Too Harsh.' 3 Software Plays to Buy the Dip. -- Barrons.com

Dow Jones

Feb 10

By Tae Kim

The recent drop in software sector stock prices is creating attractive buying opportunities for Snowflake, Microsoft, and Intuit, according to Jefferies.

Analyst Brent Thill reiterated his Buy ratings for the stocks. His price targets are $300, $675, and $850 for Snowflake, Microsoft and Intuit, respectively.

"AI fears are too harsh," he wrote in a note Sunday. "While the AI transition is more disruptive than the shift to Cloud, incumbents that embrace the transition should emerge as L-T winners as IP value resides in software."

Thill said there are several catalysts for rebound in software stock prices including improving revenue growth from higher AI tool sales and more clarity on how the companies will work with leading AI model providers.

"We believe some of the AI fears are overstated with value ultimately accruing to software, though incumbents must remain nimble and reinvent themselves with the latest AI," the analyst wrote.

In midday trading Monday, Snowflake stock was up 3.8% to $174.79 and Microsoft was up by 2.6% to $411.55. Intuit was off by 1.2% to $438.49.

Write to Tae Kim at tae.kim@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

February 09, 2026 12:47 ET (17:47 GMT)

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His price targets are $300, $675, and $850 for Snowflake, Microsoft and Intuit, respectively. \n</p>\n<p>\n  \"AI fears are too harsh,\" he wrote in a note Sunday. \"While the AI transition is more disruptive than the shift to Cloud, incumbents that embrace the transition should emerge as L-T winners as IP value resides in software.\" \n</p>\n<p>\n  Thill said there are several catalysts for rebound in software stock prices including improving revenue growth from higher AI tool sales and more clarity on how the companies will work with leading AI model providers. \n</p>\n<p>\n  \"We believe some of the AI fears are overstated with value ultimately accruing to software, though incumbents must remain nimble and reinvent themselves with the latest AI,\" the analyst wrote. \n</p>\n<p>\n  In midday trading Monday, Snowflake stock was up 3.8% to $174.79 and Microsoft was up by 2.6% to $411.55. Intuit was off by 1.2% to $438.49. \n</p>\n<p>\n  Write to Tae Kim at tae.kim@barrons.com \n</p>\n<p>\n   This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 09, 2026 12:47 ET (17:47 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AI Fears Are 'Too Harsh.' 3 Software Plays to Buy the Dip. -- Barrons.com</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAI Fears Are 'Too Harsh.' 3 Software Plays to Buy the Dip. -- Barrons.com\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-10 01:47</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Tae Kim \n</p>\n<p>\n  The recent drop in software sector stock prices is creating attractive buying opportunities for <a href=\"https://laohu8.com/S/SNOW\">Snowflake</a>, Microsoft, and Intuit, according to Jefferies. \n</p>\n<p>\n  Analyst Brent Thill reiterated his Buy ratings for the stocks. His price targets are $300, $675, and $850 for Snowflake, Microsoft and Intuit, respectively. \n</p>\n<p>\n  \"AI fears are too harsh,\" he wrote in a note Sunday. \"While the AI transition is more disruptive than the shift to Cloud, incumbents that embrace the transition should emerge as L-T winners as IP value resides in software.\" \n</p>\n<p>\n  Thill said there are several catalysts for rebound in software stock prices including improving revenue growth from higher AI tool sales and more clarity on how the companies will work with leading AI model providers. \n</p>\n<p>\n  \"We believe some of the AI fears are overstated with value ultimately accruing to software, though incumbents must remain nimble and reinvent themselves with the latest AI,\" the analyst wrote. \n</p>\n<p>\n  In midday trading Monday, Snowflake stock was up 3.8% to $174.79 and Microsoft was up by 2.6% to $411.55. Intuit was off by 1.2% to $438.49. \n</p>\n<p>\n  Write to Tae Kim at tae.kim@barrons.com \n</p>\n<p>\n   This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 09, 2026 12:47 ET (17:47 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999014567.USD","symbol_name":"UOB UNITED INCOME FOCUS TRUST FUND (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2610565055","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2610565055","pubTimestamp":1770659220,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"The recent drop in software sector stock prices is creating attractive buying opportunities for Snowflake, Microsoft, and Intuit, according to Jefferies.Analyst Brent Thill reiterated his Buy ratings for the stocks. 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His price targets are $300, $675, and $850 for Snowflake, Microsoft and Intuit, respectively. \n\n\n  \"AI fears are too harsh,\" he wrote in a note Sunday. \"While the AI transition is more disruptive than the shift to Cloud, incumbents that embrace the transition should emerge as L-T winners as IP value resides in software.\" \n\n\n  Thill said there are several catalysts for rebound in software stock prices including improving revenue growth from higher AI tool sales and more clarity on how the companies will work with leading AI model providers. \n\n\n  \"We believe some of the AI fears are overstated with value ultimately accruing to software, though incumbents must remain nimble and reinvent themselves with the latest AI,\" the analyst wrote. \n\n\n  In midday trading Monday, Snowflake stock was up 3.8% to $174.79 and Microsoft was up by 2.6% to $411.55. Intuit was off by 1.2% to $438.49. \n\n\n  Write to Tae Kim at tae.kim@barrons.com \n\n\n   This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 09, 2026 12:47 ET (17:47 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}