Stifel analyst J. Parker Lane raised the firm’s price target on Salesforce (CRM) to $425 from $390 and keeps a Buy rating on the shares. The analyst, who continues to view Salesforce as “the best way to play AI within our coverage universe” due to its sizable, multi-cloud customer base and its advantageous position with preexisting ownership of relevant agent workflows and data across the Customer 360, is raising the firm’s price target to reflect increased confidence in the top-line outlook.
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