Why Analyst Sees Potential in Salesforce, Inc. (CRM) Amid AI Developments

Reported 4 days ago

Salesforce, Inc. (NYSE: CRM) is gaining attention due to its AI-powered platform, Agentforce, which analysts believe could be a key growth driver. Despite recent predictions of pricing concerns among customers, Evercore ISI analyst Kirk Materne maintained a Buy rating, suggesting a price target of $420. With the AI and data cloud operations generating significant recurring revenue, Salesforce's innovative approach may position it favorably against traditional competitors and new startups in the AI space.

Source: YAHOO

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