Figma gets an upgrade, Intuit sees rating cut as Wells Fargo highlights 2026 outlook for software stocks

Wells Fargo upgraded Figma (FIG) and downgraded ratings of Intuit (INTU) and Clearwater Analytics (CWAN), while highlighting the 2026 outlook for software stocks.

Analysts led by Michael Turrin said their their survey of 100 enterprise IT executives, representing about $400B of IT spending, indicated

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