Stocks
RBC Maintains Neutral View on Salesforce Despite Positives
RBC Capital has maintained its Sector Perform rating on Salesforce stock with a price target of $250. The firm's assessment follows the company's annual Dreamforce conference and Investor Session in San Francisco.
The event left RBC Capital incrementally positive, aligning with broader market sentiment as 34 analysts have revised their earnings upwards for the upcoming period. Partner checks showed incrementally positive demand but mixed results on pricing.
Salesforce's management has left its fiscal 2030 targets and fiscal 2027 guidance unchanged during the conference. The firm highlighted AI Force as a strategic shift toward becoming the enterprise context layer, with continued traction for Agentforce.