Royal Bank Of Canada Stands by Neutral Rating for Salesforce Amid AI-Powered Growth

Royal Bank Of Canada has reiterated its 'sector perform' rating for Salesforce (NYSE:CRM), maintaining a $250.00 target price on the CRM provider's stock.

This suggests a potential upside of 3.00% from the current price of $242.73, according to the report released by Royal Bank Of Canada on Thursday.

Multiple analysts have weighed in on Salesforce, with Jefferies Financial Group lifting its target price to $300.00 and giving the company a 'buy' rating, while Canaccord Genuity Group increased its price target to $300.00 and also gave a 'buy' rating.