The stock was downgraded by Barclays from Overweight to Equal Weight, with its price target reduced from $290 to $250. Analysts cited strong fundamentals but see limited upside after a strong run. The stock closed at $206.10, down 1.57% for the session. The company is expanding its data and AI platform through acquisitions of Datometry and Observe to support growth. However, the broader software sector is under pressure due to competitive anxiety and AI-related concerns.