TD Cowen raised the firm’s price target on Salesforce to $330 from $315 and keeps a Hold rating on the shares. The firm met with management who conveyed that while macro pressures persist, strength in 2H reflects improved sales execution, and the company sees its newer sales and pricing/packaging strategies helping to unlock greater product attach and ARPU growth. They also said AI not yet a needle mover in F2025 but Data Cloud momentum is strong.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRM: