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Salesforce Stock Soars After Cantor Fitzgerald Ups Price Target

Guavy AI Editorial Team
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Salesforce's stock price surged by 2.8% on Thursday after analyst firm Cantor Fitzgerald raised its price target from $250 to $300 per share.

This upgrade comes as part of a broader trend of analysts becoming increasingly bullish on the CRM provider's prospects, with several other firms also raising their targets in recent days.

Salesforce has been riding high on the success of its AI-powered offerings, including the recently launched 'Claudeforce' integration with Anthropic's Claude AI platform.

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