Wall Street sets Salesforce stock price target for next 12 months
The post Wall Street sets Salesforce stock price target for next 12 months appeared on BitcoinEthereumNews.com. By July 8, Salesforce’s (NYSE: CRM) 2026 market and business performance appears to have started getting reflected in the CRM stock price targets and ratings. Specifically, Jackson Ader, a KeyBanc analyst, revealed in a Wednesday note that he has downgraded the equity from ‘Overweight’ – ‘Buy’ – to ‘Sector Weight’ – ‘Hold.’ The Wall Street expert explained that, while his institution’s opinion that the ‘Death of SaaS’ narrative is overstated due to Salesforce’s position and incumbency advantage remains, it appears that the road to greater success will prove longer than previously expected. Indeed, while still estimating that Agentforce can succeed, Ader offers some rather scathing remarks that finding evidence for the company’s narrative about artificial intelligence (AI)-related growth has proven difficult. Furthermore, the analyst concluded that the new and novel product