Core Insights - Salesforce, Inc. is recognized as one of the top agentic AI stocks to invest in, with a significant hedge fund sentiment reflected by 119 hedge funds holding stakes in the company as of Q3 [1] Group 1: Analyst Ratings and Price Targets - Morgan Stanley maintained an Overweight rating on Salesforce, adjusting its price target to $398 from $405, citing a recalibration after strong quarterly results, with adjusted EPS of $3.25 surpassing the consensus estimate of $2.86 [2] - Evercore ISI also kept an Outperform rating while lowering its target to $340 from $360, describing fiscal Q3 as solid with revenue in line and EPS ahead, highlighting momentum in Agentforce with over $500 million in annual recurring revenue [3] Group 2: Company Overview - Salesforce provides customer relationship management software and cloud-based applications that cover various business functions including sales, service, marketing, commerce, and analytics for enterprises globally [4]
Is Salesforce the best agentic AI stock to buy now?