Oppenheimer Keeps 'Outperform' Rating on Salesforce Amid Uncertainty

Salesforce's stock rating remains Outperform according to Oppenheimer, which also set a price target of $275.00 following their annual Dreamforce customer survey.

The firm has been conducting surveys since 2012 and recently found that IT budgets appear healthy, with 85% of surveyed customers having tested or deployed Agentforce.

Nearly half of those customers are still in the pilot or testing stage, which leaves their pace of production adoption and monetization uncertain, according to Oppenheimer.