RBC Keeps $250 Price Target for Salesforce Amid Revenue Growth Optimism
RBC Capital has maintained its sector-perform rating on Salesforce stock, keeping a price target of $250. The firm is attending Dreamforce and analyst day scheduled for September 15-17 in San Francisco.
At the event, RBC Capital expects expanded Agentforce capabilities and Claudeforce monetization and use cases to be emphasized.
The firm also anticipates discussion of confidence level in revenue reacceleration and net new annual contract value trends.