Barclays analyst Raimo Lenschow thinks Dreamforce and the analyst event were positive catalysts for the Salesforce investment case. It is clear the company’s artificial intelligence platform story “is coming together from a product perspective and, it seems to create healthy customer interest,” the analyst tells investors in a research note. Post Dreamforce, the firm thinks the “emerging AI agent story” for Salesforce could become a new catalyst for the shares. It keeps an Overweight rating on the shares with a $305 price target.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRM:
- Nvidia, Salesforce enter strategic pact to develop advanced AI capabilities
- Salesforce announces Agentforce Partner Network for third-party AI agents
- Salesforce announces expanded collaboration with Saks Fifth Avenue
- Sprout Social launches new Salesforce integration
- Salesforce unveils autonomous AI agent suite Agentforce