Stifel Boosts Salesforce Price Target to $275 Amid AI Product Momentum

Stifel, an investment firm, has raised its price target for Salesforce.com stock to $275 from $250 while maintaining a Buy rating. The current price of Salesforce is $205.62.

The firm cited the company's product portfolio, including Agentforce, Slack, D360, and Headless, as key drivers for the increased target. Stifel also referenced Claudeforce as part of the company's expanding offerings.

Salesforce faces ongoing pressures in several business areas, but its core solutions and incoming offerings from Contentful and Fin are expected to offset these challenges. The firm expects these products to support sustained business growth.