Stifel Reaffirms Buy Rating on Salesforce After Dreamforce Announcements

Stifel has reaffirmed its 'Buy' rating for Salesforce.com (), setting a price target of $275.00 following announcements at the company's annual Dreamforce conference.

The stock currently trades at $255.65, near its 52-week high of $269.11, with InvestingPro data indicating that the company remains undervalued and has significant upside potential to its Fair Value.

Salesforce unveiled platform enhancements including AIforce, a headless layer, and Koa, its first CRM reasoning model built on NVIDIA Nemotron 3.