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https://i-invdn-com.investing.com/news/LYNXNPEC0Q1B5_M.jpgCarefully sort through the software stocks that analysts have recently downgraded, and you will find some interesting names. It appears as though the analysts believe some software companies are overvalued and likely to suffer a meaningful decline.
Let’s square our focus on two specific software stocks that were recently downgraded. Below, we delve into Five9 (FIVN) and Medallia (MDLA), both of which qualify as software stocks retail and institutional investors should avoid, at least in the short term.