Evercore ISI raised the firm’s price target on Salesforce (CRM) to $420 from $400 and keeps an Outperform rating on the shares after the company delivered “solid” Q3 results and gave Q4 CRPO growth guidance of 9% that was also in line with expectations. Following the earnings report, the firm says there was “not a ton to pick at” as Agentforce commentary and early adoption remains upbeat and that momentum supports its base case of about $1B in Agentforce revenue by calendar 2026.
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Read More on CRM:
- Salesforce price target raised to $415 from $385 at Oppenheimer
- Salesforce price target raised to $286 from $236 at Bernstein
- Salesforce price target raised to $375 from $345 at Needham
- Salesforce price target raised to $380 from $340 at TD Cowen
- Salesforce price target raised to $430 from $340 at Baird
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
