TD Cowen on salesforce.com (CRM): 'Confidence in growth reacceleration'
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Rating Summary:
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TD Cowen analyst Derrick Wood reiterated a Buy rating and $300.00 price target on salesforce.com (NYSE: CRM).
The analyst comments "We attended CRM's Dreamforce conf & Analyst day in SF. AIforce is the key new push, with CRM leaning in with Slack & AI Labs to transform the interface, unlock value from its CRM systems, and monetize its new enterprise harness through an "upgrade megacycle". Demand for Claudeforce is high. Confidence in growth reacceleration and LT financial targets were reiterated. Reiterate Buy & $300 PT"
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 $250.54 yesterday.
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