BMO Capital keeps an Outperform rating and $425 price target on Salesforce (CRM) after attending the company’s release of Agentforce 2.0. The presentation reflected ongoing product innovation by Salesforce as well as high customer interest, the analyst tells investors in a research note. BMO maintains that the company’s scale offers brand, sales, and cost advantages vs. other SaaS vendors, and the firm also believes that salesforce.com has “durable margin expansion potential”.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
