The Globe and Mail reports in its Friday, Sept. 26, edition that TD Cowen‘s David Kwan is sticking with his "buy" call and $5,700 share target for Constellation Software. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $5,582.50. Mr. Kwan considers the recent sell-off of Constellation shares, due to concerns about artificial intelligence's impact on the business, as "overdone" and has named the company as one of his "top picks." Mr. Kwan says in a note: "Unless its share price materially increases, 2025 will be the second time the stock has posted an annual decline. ... Like the transition from on-premise to the cloud, we believe Constellation is (relatively) well positioned to address/mitigate another potential threat to its business and continue delivering strong returns for shareholders. Similar to Constellation's AI call on Monday, the panelists discussed the opportunities/threats of AI. On the former, AI can significantly boost productivity, particularly in programming, deal creation and data analysis. However, it can lead/has led to increasing competition, with it now seeing more start-ups entering some vertical markets."