Wells Fargo lowered the firm’s price target on Salesforce (CRM) to $235 from $265 and keeps an Equal Weight rating on the shares ahead of quarterly results. The firm says its field work continues to suggest lack of upside for Salesforce, while Agentforce rollouts remain gradual. With FY27 Street estimates calling for organic growth to stabilize, Wells sees a mixed near-term backdrop for shares and remains on the sidelines.
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