Salesforce (CRM) Price Target Raised as AI Growth and Buybacks Impress Analysts

Group 1 - Salesforce, Inc. (NYSE:CRM) is currently considered a hot stock with a price target of $305, and BNP Paribas Exane has reaffirmed its Outperform rating on September 4 [1] - The company doubled the number of paying Agentforce customers from 4,000 to 6,000, adding 2,000 more customers per quarter [1] - Salesforce's low valuation and weak year-to-date performance were highlighted, with the firm arguing that fiscal year forecasts and advancements in data and AI should have positively impacted the share price [2] Group 2 - The $20 billion buyback program increase was cited as evidence of Salesforce's commitment to investment discipline [2] - Salesforce is a cloud-based software company focused on customer relationship management, offering custom software and solutions for analytics, marketing automation, and sales [2]