Reported 2 days ago
Oppenheimer has reaffirmed its Overweight rating for Salesforce Inc. (CRM), maintaining a price target of $370 despite the lack of immediate catalysts and concerns over a potential deal with Informatica. The firm's analyst highlighted positive sentiment from management regarding product demand and AI capabilities, although market caution remains due to historical integration challenges. Longer-term, Salesforce is viewed favorably in the AI landscape, with other analysts also recognizing its potential for growth.
Source: YAHOO