Reported 1 day ago
Bank of America has named Salesforce (CRM) as its top technology stock pick for 2025, highlighting the company's potential in the rapidly evolving software market. The firm cites key growth drivers such as Agentic AI, increasing enterprise IT spending, and ongoing cloud migration. Despite some risks in the software sector, Bank of America remains bullish on Salesforce's capabilities in leveraging AI for customer relationship management and projects a price target of $440 for the stock.
Source: YAHOO