Salesforce: BofA says channel checks are positive

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Evercore ISI Reiterates Outperform Rating on salesforce.com (CRM)

February 19, 2025 5:20 AM EST

Evercore ISI analyst Kirk Materne reiterated an Outperform rating and $420.00 price target on salesforce.com (NYSE: CRM)

The analyst comments "Thoughts into the print: Expect solid F4Q results as partners note an uptick in demand in F4Q and an emerging Agentforce halo effect. As we wrote in our Agentforce deep dive, we continue to view the risk/reward for those taking a 9-12 month as being skewed to the positive, with potential upside to our/Street CY25/CY26 estimates as... More