BMO Capital Markets Boosts Salesforce Target Price to $260.00 Amid Bullish Analyst Sentiment

Analysts at BMO Capital Markets have increased their target price for Salesforce (NYSE:CRM) from $230.00 to $260.00, citing potential upside of 6.52% from the stock's current price.

The brokerage maintains an 'outperform' rating on Salesforce's stock and joins other analysts who have issued bullish reports on the CRM provider. Goldman Sachs Group recently reiterated a 'buy' rating, while Erste Group Bank upgraded its rating to 'buy' from 'hold.'

Salesforce has reported strong earnings results, topping analyst estimates with adjusted EPS of $5.90 in Q2 2027 and revenue of $11.35 billion, exceeding expectations.