Mizuho Raises Salesforce Target to $280 Amid Dreamforce Developments
Salesforce's Dreamforce conference is underway in San Francisco, and the company has received a fresh boost from analyst Mizuho. The firm has raised its target price for Salesforce to $280 from $265 while maintaining an 'Outperform' rating.
Mizuho attributed the increase to Salesforce's new product interfaces unveiled at Dreamforce, which are designed to help customers get more value from existing deployments. According to the analyst, the company's 2026 setup looks 'much better' than its 2025 setup.
In related news, Salesforce is dealing with a service disruption affecting its Core Services across multiple regions. The issue has caused severe delays, intermittent errors, or inability to access certain services for customers in these areas.