Reported 1 day ago
Salesforce, Inc. (CRM) has received a resounding endorsement from Wedbush analyst Daniel Ives, who maintains an 'Outperform' rating with a target price of $425. This news comes on the heels of Salesforce's strategic acquisition of Informatica, aimed at enhancing its AI capabilities. The acquisition is seen as timely, given Informatica’s extensive customer base and its potential to elevate Salesforce's AI strategy and customer acquisition efforts, positioning CRM as a prominent player in the AI stock market.
Source: YAHOO