Wedbush Boosts Salesforce Price Target to $325, Ci…

From Financial Modeling Prep: 2024-09-30 12:12:00

Wedbush analysts raised Salesforce’s price target to $325 from $315, maintaining an Outperform rating. They are optimistic about the company’s future, citing positive customer feedback and growing use cases for its product suite. Salesforce is well-positioned to benefit from the increasing demand for AI-driven solutions, enhancing automation and efficiency.

Analysts highlighted Salesforce’s strong risk/reward profile at current levels, especially with the Agentforce strategy unfolding. They believe the growth potential within Salesforce’s installed base is undervalued by the market, making Salesforce one of their top tech picks for the next year.



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