salesforce.com (CRM) Reiterated at Market Outperform by Citizens: Agentforce Driving ARR

Citizens analyst Patrick Walravens reiterated a Market Outperform rating and $315.00 price target on salesforce.com (NYSE: CRM).

The analyst commented, "Seat-based models are trickier as there is a push and pull between pressure on the number of seats and the growth of AI SKUs. One great example of this dynamic is Salesforce (CRM, MO $315 PT), which is encountering pressure from AI solutions at the low end and pressure from seats at the high end, but at the same time is driving its own AI business, Agentforce, which exceeded $500M in ARR last quarter and grew more than 3x y/y."

For an analyst ratings summary and ratings history on salesforce.com click here. For more ratings news on salesforce.com click here.

Shares of salesforce.com closed at $189.72 yesterday.

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