BofA Upgrades Salesforce to Buy, Raises Price Target to $285
Bank of America upgraded Salesforce from Underperform to Buy and raised its price target from $160 to $285. Salesforce shares rose more than 3% in premarket trading Monday.
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01:00:12 PM UTC
SquawkNews
By Kit NortonThe artificial-intelligence disruption fear for Salesforce could be over, according to Bank of America.Salesforce stock rose 4.1% to $238.50 in premarket trading on Monday after ending Friday up 0.6% at $229.13. The software stock has fallen 14% this year as of the closing bell on Frid…