Reported 2 days ago
Canaccord Genuity has reaffirmed a 'Buy' rating for Salesforce, Inc. (CRM), maintaining a price target of $300, suggesting a potential 27% upside. The firm commends Salesforce's 'Agentic Enterprise' vision, highlighting improvements in their platform, increased sales capacity, and expanded commercial licensing options. They predict a significant rise in annual recurring revenue as customers adopt this model, although tangible results may take a year to emerge.
Source: YAHOO