New Vector Database in Salesforce Data Cloud Will Power AI, Analytics, and Automation Using LLMs with Business Data for Use Across the Einstein 1 Platform

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2024 is the year to own Salesforce (CRM), says Wolfe Research

December 18, 2023 7:51 AM EST

Wolfe Research upgraded Salesforce (NYSE: CRM) stock to Outperform from Peer Perform with a $315 price target on Monday. The firm believes that 2024 is the year to own Salesforce, citing several reasons for its optimism.

"Last year we downgraded CRM to PP after F3Q23 earnings given the combination of growth deceleration, management disruption, lack of commitment to margin leverage and incremental execution risk from M&A mis-adventures," Wolfe Research analysts wrote in the note. "Fast forward 365 days (and... More

Salesforce (CRM) is a $10+ earnings story in 2025 - Jefferies

December 15, 2023 11:10 AM EST

Salesforce (NYSE: CRM) hosted its World Tour event in New York City this week with the keynotes addressing the company's expanded capabilities of Einstein and Data Cloud, including vector databases and RAG search, Einstein Copilot, and enhanced integrations with Apple.

Reacting to the event, Jefferies analyst... More