CRM
Another analyst says, ‘Yep, still like it’
Truist Securities kept its Buy rating on Salesforce and left the $280 price target unchanged after the company’s TDX developer conference in San Francisco. In plain English: the Street heard the AI pitch, looked around, and said, “Okay, maybe this thing has legs.”
Why this matters
The bank’s read is that Salesforce could make its Agentforce pricing a little friendlier and keep improving how its agents scale. That matters because enterprise software buyers are notoriously allergic to friction. If the setup feels too messy or expensive, they bail faster than you can say “budget review.”
The bigger vibe shift
Truist isn’t alone here. Evercore ISI also stayed bullish, and the broader analyst crowd has been nudging earnings estimates higher. That’s the kind of backdrop investors like: not just one optimistic note, but a chorus suggesting Salesforce’s AI strategy may be turning from buzzword soup into an actual sales engine.
Zooming out
There’s also some halo effect from the broader ecosystem: UiPath said it’s integrating automation products with Salesforce’s AgentExchange marketplace, which is another little sign that Salesforce’s platform is becoming a central hub for enterprise AI workflows.
Big picture: Salesforce doesn’t need every analyst to fall in love with it — just enough to keep the “AI growth story” from becoming yesterday’s conference swag.