Analysts Adjust Salesforce Stock Forecast After Major Meeting

Reported about 21 hours ago

Following a recent analyst day at the Dreamforce conference, Bank of America analysts updated their forecast for Salesforce, noting a 10% year-over-year revenue growth to $10.2 billion in Q2. They highlighted the introduction of a flexible pricing model for Salesforce's Agentforce AI platform, which could enhance adoption. Despite some risks related to competition and integration challenges, analysts reiterated a buy rating and set a target price of $325 for the stock.

Source: YAHOO

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