Salesforce (CRM – Research Report), the Technology sector company, was revisited by a Wall Street analyst yesterday. Analyst Bradley Sills from Bank of America Securities maintained a Buy rating on the stock and has a $440.00 price target.
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Bradley Sills has given his Buy rating due to a combination of factors, including the advancements in Salesforce’s Agentforce 2.0 platform. The integration of Agentforce into various Salesforce clouds and third-party applications such as SAP, Adobe, and Workday enhances its functionality and potential for revenue growth. The improvements in AI reasoning capabilities through the Atlas engine are expected to drive additional revenue opportunities, contributing 1% to 2% growth in fiscal years 2026 and 2027.
Furthermore, the momentum with over 1,000 paid Agentforce deals signifies strong market acceptance and positions Salesforce as a leader in the digital labor platform space. The ability of Agentforce 2.0 to extend its functions beyond Salesforce’s own workflows via integrations with major systems like Oracle and Adobe allows businesses to optimize both internal and external workflows. This comprehensive utility and the expected long-term benefits reinforce the continuation of the Buy rating with a price objective of $440.
In another report released today, Barclays also maintained a Buy rating on the stock with a $425.00 price target.
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Salesforce (CRM) Company Description:
salesforce.com, inc. engages in the design and development of cloud-based enterprise software for customer relationship management. Its solutions include sales force automation, customer service and support, marketing automation, digital commerce, community management, collaboration, industry-specific solutions, and salesforce platform. The firm also provides guidance, support, training, and advisory services. The company was founded by Marc Russell Benioff, Parker Harris, David Moellenhoff, and Frank Dominguez in February 1999 and is headquartered in San Francisco, CA.
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