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Salesforce checks suggest ‘solid’ Agentforce activity, says BofA

Salesforce checks suggest ‘solid’ Agentforce activity, says BofA

BofA analyst Brad Sills held calls with nearly a dozen key Salesforce (CRM) system integration partners and tells investors that the feedback suggests “healthy deal activity and generally improving tone.” The firm, which sees potential for 1% upside to its Q4 cRPO growth forecast of 9.4% year-over-year in constant currency, or 8.5% as reported, given channel feedback for better deal activity, has a Buy rating and $440 price target on Salesforce shares.

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