Stifel lowered the firm’s price target on Salesforce (CRM) to $375 from $425 and keeps a Buy rating on the shares. Salesforce delivered quarter-over-quarter CRPO acceleration in Q4, a “bevy of AI disclosures that underscore the early momentum of Agentforce,” and “healthy” Q1 CRPO and FY26 subscription revenue outlooks, the analyst tells investors. While management set “modest expectations” for Agentforce revenue in FY26, the firm views the after-hours pressure on shares as “an overreaction” to a quarter and guidance that aligned with its positive view of the company’s positioning around Agentic AI and its ability to drive sustainable growth.
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Read More on CRM:
- Salesforce price target lowered to $400 from $430 at Baird
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- Top Analysts Stick with Buy Ratings on Salesforce (CRM) Stock Following Q4 Earnings Report
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