Bank of America upgraded Salesforce stock from Underperform to Buy, raising its price target to $285, arguing that fears of AI disrupting enterprise software were overblown. Salesforce shares rose 3% following the upgrade, despite being down 9% year-to-date. The bank believes large companies will continue using Salesforce's platforms due to their integration with business logic and compliance frameworks. The upcoming quarterly report will be critical to confirm if Salesforce's AI-driven agent products can sustain growth and justify the raised outlook. Meanwhile, ServiceNow also gained 3%, while Palantir remained steady, reflecting varied valuations and growth rates in enterprise software firms.
Salesforce shares are trading at USD 237.00 on Pluang, up 3.43% as of Oct 12, 2026 20:41 WIB, closely matching the article's noted 3% rise after the Bank of America upgrade. ServiceNow also gained ground, rising 3.83% to USD 146.26, while Palantir held steadier with a 1.58% increase to USD 212.36. These movements highlight varied investor responses within the enterprise software sector on Pluang.
Salesforce reported a strong earnings beat with non-GAAP EPS of $5.90 versus $3.27 expected and revenue of $11.35 billion, driven by rapid growth in its AI platform Agentforce. Despite raising fiscal 2027 revenue and EPS guidance, the stock has been ...
Palantir Technologies shares rose 4% after Barclays initiated coverage with an Overweight rating and a $265 price target, following Goldman Sachs' recent upgrade citing strong demand for sovereign AI systems. This bullish sentiment has pushed Palanti...
On October 8, 2026, Taiwan Semiconductor Manufacturing (TSMC), Salesforce, and NXP Semiconductors all paid dividends to shareholders. TSMC raised its dividend by 35.8% year-over-year, reflecting strong revenue and earnings growth, while Salesforce in...
Goldman Sachs upgraded Palantir Technologies from Neutral to Buy with a $230 price target, driving a 3% rise in its stock. The upgrade highlights Palantir's growing market potential due to demand for sovereign AI, custom software, and specialized ver...
