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Salesforce price target lowered to $340 from $360 at Evercore ISI

Evercore ISI analyst Kirk Materne lowered the firm’s price target on Salesforce (CRM) to $340 from $360 and keeps an Outperform rating on the shares. Fiscal Q3 results were “solid,” with revenue in line and EPS surpassing expectations, the analyst tells investors. The momentum in Agentforce, now over $500M in ARR, “underscores the potential heading into 2026,” the analyst added in a post-earnings note.

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