Roth Capital lowered the firm’s price target on Salesforce (CRM) to $325 from $395 and keeps a Buy rating on the shares. The company’s revenue growth has been weak for two years, necessitating cost cuts and controls, the analyst tells investors in a research note. Salesforce appears to have found a growth catalyst in its AI-driven Agentforce offerings, but Roth forecasts are lowered on still weak near-term growth, the firm added.
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