Reported 2 days ago
Salesforce, Inc. (CRM) has seen its price target reduced to $315 from $400 by Piper Sandler due to challenges in AI adoption and overall slowing growth in the cloud applications sector. Despite the potential of its AI platform, AgentForce, analysts express concern over diminishing investor sentiment and moderating industry growth for the fourth consecutive year. The report emphasizes the need for active involvement from governments and companies to ensure AI's role in sustainable practices.
Source: YAHOO