Movement Alert｜Salesforce.com Rises 3.23% in Pre-Market Trading, Analyst Upgrades and AI Partnerships Boost Sentiment
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On October 12, Salesforce.com rose 3.23% in pre-market trading, trading at $236.55, with turnover of $157 million. The move followed a series of bullish analyst actions and ongoing AI commercialization updates.
BofA Securities upgraded the stock to Buy from Underperform and raised its price target to $285 from $160, citing enterprise AI prospects. Evercore ISI also lifted its target to $290 from $250. Separately, Salesforce introduced Koa, a CRM reasoning model built with Nvidia, and expanded partnerships with AWS and Google Cloud, reinforcing its AI strategy.
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