Reported 2 days ago
Salesforce, Inc. (NYSE:CRM) has gained analyst confidence, particularly from Citizens JMP's Patrick Walravens, who reaffirmed a 'Market Outperform' rating and a $430 price target following insights from AI expert Richard Socher. Analysts are optimistic about Salesforce's prospects fueled by its new AI platform, Agentforce, and the anticipated revenue growth from potential price hikes, as well as the ongoing interest from multiple acquirers in the merger process involving Informatica.
Source: YAHOO