Salesforce (CRM) Price Target Trimmed Amid Broader Software Weakness

Salesforce, Inc. (NYSE:CRM) is one of the  Buzzing AI Stocks on Wall Street. On September 4, KeyBanc analyst Jackson Ader lowered the price target on the stock to $400.00 (from $440.00) while maintaining an Overweight rating. According to the firm, there is a persistently negative narrative surrounding the application software sector which also seems to be impacting Salesforce shares regardless of the company’s actual performance. It further noted how throughout the recent earnings season, software compa ...