Citi lowered the firm’s price target on Salesforce (CRM) to $253 from $276 and keeps a Neutral rating on the shares ahead of the fiscal Q3 report. The firm says the company’s partners are indicating mixed contract value growth and continued competition in its core products. Citi believes Salesforce’s Agentforce remains a “show-me story.”
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRM:
- How Trump & Mamdani’s ‘Lovefest’ May Spark a New NYC Boom That Markets Can’t Ignore
- Anthropic Releases Claude Opus 4.5, Its Newest and Most Powerful Model Yet
- Midday Fly By: Novo Alzheimer’s trial misses goal, Green Dot to be acquired
- Salesforce CEO Benioff says used Gemini 3, ‘not going back’ to ChatGPT
- Salesforce: Buy Rating Maintained Amid Mixed Signals and Growth Opportunities