TD Cowen upgraded Salesforce (CRM) to Buy from Hold with a price target of $400, up from $380. Following an end of 2024 rally amid Agentforce excitement,” the shares have pulled back, “creating a compelling entry point,” the analyst tells investors in a research note. The firm says its IT survey screened favorable for Salesforce, while its recent checks have been “highly constructive” on interest levels of Agentforce. TD now sees “several new growth levers emerging” in the model for 2025 and 2026.
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