Northland analyst Nehal Chokshi lowered the firm’s price target on Salesforce (CRM) to $423 from $440 and keeps an Outperform rating on the shares. 5,000 Agentforce deals signals “solid initial traction,” says the analyst, who believes FY26 revenue guidance is conservative given that Q1 cRPO guidance points to an acceleration. However, the firm’s lowered target reflects lower than expected FY26 revenue guidance, the analyst noted.
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