Salesforce, Inc. (NYSE:CRM) is one of <a href="https://www.insidermonkey.com/blog/9-best-inexpensive-stocks-to-invest-in-right-now-1772269/” rel=”nofollow noopener” target=”_blank”>the best inexpensive stocks to invest in right now. Salesforce, Inc. (NYSE:CRM) received a rating update from Citi on May 28, with the firm cutting the price target on the stock to $187 from $188 while maintaining a Neutral rating on the shares. Salesforce, Inc. (NYSE:CRM) also received a rating update from BMO Capital the same day. The firm lowered the price target on the stock to $215 from $225 and maintained an Outperform rating on the shares following the company’s fiscal Q1 results. The firm told investors in a research note that the results and guidance are not likely to be sufficient to convince either bears or bulls to switch sides, and that offer limited changes to FY27 top-line growth expectations.
In another development, DA Davidson cut the price target on Salesforce, Inc. (NYSE:CRM) to $175 from $200 on May 28, maintaining a Neutral rating on the shares and telling investors in a research note that the company’s fiscal Q1 earnings represent a strong start to the year.
Salesforce, Inc. (NYSE:CRM) designs and develops cloud-based enterprise software for customer relationship management. Its solutions encompass customer service and support, sales force automation, digital commerce, marketing automation, collaboration, community management, industry-specific solutions, and Salesforce platforms. It also offers training, guidance, support, and advisory services.
While we acknowledge the potential of CRM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on thebest short-term AI stock.
Disclosure: None. Follow Insider Monkey on Google News.
