RBC Capital keeps an Outperform rating and $300 price target on Salesforce after the company’s Dreamforce event presentations. Agentforce demand commentary was “nice to hear”, but the firm prefers to take a wait-and-see approach before underwriting meaningful monetization, the analyst tells investors in a research note. RBC adds that it continues to view Salesforce’s AI strategy as underwhelming, questioning “how meaningful” its new products will be.
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