Salesforce received a Buy rating and $275 price target from Stifel Nicolaus, reflecting a potential 10.88% upside from its current price of $248. The upgrade follows strong Q2 results and growing confidence in Salesforce's AI initiatives, including its partnership with Anthropic. This collaboration integrates AI into Salesforce's CRM platform, enhancing customer data and workflow management. Despite earlier concerns about AI disrupting traditional software demand, Salesforce's expanding AI products and partnerships position it well for future enterprise AI growth.
Salesforce is seeing triple-digit growth in its AI products like Agentforce and Data 360, yet its stock price remains near a 52-week low, suggesting the market undervalues its AI momentum. The company reported strong Q2 fiscal 2027 revenue of $11.345...
Adobe shares jumped 5% and Salesforce rose 3% despite a broader tech selloff, driven by renewed investor confidence in their AI strategies. Adobe's partnership with NVIDIA to speed up AI features in Photoshop and Premiere reassures investors that AI ...
Palantir Technologies surged 4% to $199.41, leading a broader software stock rally driven by interest in AI platforms. ServiceNow also rose 3%, while Salesforce remained flat. Palantir's recent partnership with Knox Systems aims to bring its commerci...
Salesforce announced a definitive agreement to acquire Braze, Inc. at $47.50 per share in cash, valuing Braze at approximately $5.66 billion. The acquisition is expected to close in Salesforce's fiscal year 2028, subject to shareholder approval and r...
Salesforce announced a $5.66 billion acquisition of Braze, a customer-engagement software firm, paying $47.50 per share, a 58% premium. Braze's technology enhances personalized customer communication using AI, strengthening Salesforce's marketing too...
