Salesforce, Inc. (NYSE:CRM) is one ofthe best big tech stocks to buy according to Wall Street analysts. Salesforce, Inc. (NYSE:CRM) was upgraded by Monness Crespi to Buy from Neutral on June 18, with the firm setting a price target of $200. It stated that with a 41% decline, the company has “earned the unflattering title as the second-worst performing stock in our coverage universe in 2026”, while also pointing out that Salesforce, Inc. (NYSE:CRM) has plummeted 58% from its peak. However, the firm stated that it now believes the stock’s valuation is “compelling” and upgraded shares given several factors, including the company’s depressed valuation, “attractive” margin profile, progress in supporting customers transforming into agentic enterprises, “generous” stock repurchase program, and “strong” cash flow generation.
In a separate development, Salesforce, Inc. (NYSE:CRM) announced on June 16 an expanded partnership with Databricks, which is a data and AI company, to help organizations securely connect enterprise data with customer relationships, approvals, permissions, and workflows essential to drive trusted outcomes. It further stated that the expanded partnership would aid organizations in connecting enterprise data with the business context required for humans and AI agents to make decisions and execute with confidence.
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.
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