Goldman Sachs analyst Kash Rangan keeps a Buy rating and $325 price target on Salesforce after attending the company’s annual Dreamforce conference. The firm is “incrementally positive” on the name and “more constructive” on the company’s long-term positioning, noting that on the precipice of the Gen-AI era, Salesforce has underscored its focus on agents with the introduction of Agentforce, the analyst tells investors in a research note. Salesforce’s differentiated value proposition is uniquely rooted in the data, metadata, and workflows that customers have built into its platform over the last 25 years, and this should reduce barriers to adoption, implementation, integration, and value realization of the platform, the firm added.
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