What Do Analysts Think About Salesforce, Inc. (CRM)?

Group 1 - Salesforce, Inc. (NYSE:CRM) is considered a promising stock with a Buy rating reaffirmed by Stifel Nicolaus and a price target set at $300 [1] - Piper Sandler adjusted its price target for Salesforce from $315 to $280 while maintaining an Overweight rating [1][2] - The rating update from Piper Sandler followed a transfer of coverage and included downgrades for three other companies, indicating a cautious outlook on the software sector [2] Group 2 - Piper anticipates ongoing pessimism in the software industry and suggests investors focus on hyperscaler, consumption, and vertical sub-sectors, naming Microsoft and ServiceTitan as top picks [3] - Salesforce designs and develops cloud-based enterprise software for customer relationship management, offering a range of solutions including customer service, sales force automation, and marketing automation [4]