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Analyst Maintains Buy Rating on Salesforce Amid AI-Driven Optimism
Analyst Maintains Buy Rating on Salesforce Amid AI-Driven Optimism
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BTCCSquare news:
Citizens JMP analyst Patrick Walravens reaffirmed a Buy rating on Salesforce (NYSE:CRM) with a $430 price target, despite the stock's 27.5% YTD decline. The bullish stance follows discussions with Hubbl Technologies, an AI-focused firm in Salesforce's ecosystem, which highlighted untapped potential in the Agentforce platform.
Hubbl executives emphasized that systemic inefficiencies—not AI capabilities—are limiting Agentforce adoption. Case studies, including Barracuda Networks' 10x surge in Salesforce usage post-Hubbl integration, suggest AI-driven optimization could unlock significant value for CRM customers.
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