Stifel analyst J. Parker Lane raised the firm’s price target on Salesforce to $275 from $250 and keeps a Buy rating on the shares after the company “delivered upside across the board” in Q2 and raised its full-year guidance. Considering the depth of customer data the platform possesses and its emphasis on “AI trust,” the firm continues to view the company as a likely AI-beneficiary and thinks the quarter “displays Salesforce’s ongoing commitment to operational efficiency,” the analyst tells investors.
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