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Investing.com - Cantor Fitzgerald maintained its Overweight rating and $325.00 price target on salesforce.com (NYSE:CRM) Thursday. According to InvestingPro data, analysts’ targets range from $225 to $440, with 37 analysts recently revising their earnings expectations upward for the upcoming period.
The research firm’s decision comes as Salesforce continues to expand its artificial intelligence capabilities through pre-built agent solutions for customers.
Cantor Fitzgerald highlighted that these pre-built agents represent a strategic approach to increasing AI adoption among Salesforce users.
"These pre-built agents are yet another way to lower barriers and make AI Agent adoption as seamless and painless as possible for customers, while also removing friction from high-cost implementation schedules," the firm noted in its analysis.
The maintained price target suggests potential upside for the customer relationship management software provider, which has been integrating AI technologies across its platform offerings.
In other recent news, Salesforce has unveiled Agentforce 3, an upgrade to its digital labor platform, introducing new tools such as a Command Center for monitoring AI agents. This update has reportedly led to a 15% reduction in customer case handle time and significant improvements in administrative chat engagements for early adopters. Additionally, Salesforce announced a 6% price increase for its Enterprise and Unlimited Editions, which will impact products like Sales Cloud and Service Cloud starting August 2025. Cantor Fitzgerald maintained its Overweight rating and a $325 price target on Salesforce, citing the simplified pricing structures and potential for revenue growth. Truist Securities also reiterated its buy rating with a $400 price target, based on positive customer feedback from the company’s recent conference. Salesforce’s new pricing and product updates are aimed at simplifying AI adoption and enhancing capabilities across its platforms, including Slack. The company has also seen rapid adoption of Agentforce, contributing to over $100 million in annual recurring revenue. Cantor Fitzgerald highlighted that the Data Cloud + AI business, which includes Agentforce, is growing at over 120% year-over-year.
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