Cantor reaffirms price target for Salesforce as the company expands AI capabilities

Salesforce, Inc. (NYSE:CRM) is ranked among the best FAANG stocks to buy by hedge funds. Cantor Fitzgerald reaffirmed its $325 price target and Overweight rating, coinciding with Salesforce’s efforts to enhance AI capabilities with pre-built agent solutions. Agentforce 3 update has improved administrative chat interactions and reduced customer case handle time by 15%.

Cantor Fitzgerald sees Salesforce’s pre-built agents as a strategy to encourage AI adoption, making it seamless for customers. The firm believes this move will lower barriers and remove friction from high-cost implementation schedules. Salesforce also launched Agentforce 3, an update to its digital labor platform with new tools like a Command Center for AI agent monitoring.

Salesforce, Inc. (NYSE:CRM) is a cloud-based software company specializing in customer relationship management. While CRM shows investment potential, some AI stocks offer greater upside and less downside risk. For a report on the best short-term AI stock benefiting from Trump-era tariffs and onshoring trend, visit the provided link.

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