15 AI News Making Waves Right Now

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2. Salesforce Inc (NYSE:CRM)

Market Capitalization: $308.07 billion

Salesforce Inc (NYSE:CRM) is an American cloud-based CRM software company. The stock has gained significant attention after the launch of Agentforce, its AI-powered platform.

On November 15, Barclays raised the firm’s price target on Salesforce Inc (NYSE:CRM) to $415 from $305 and kept an “Overweight” rating on the shares. The rating update comes amid an earnings preview note for the off-cycle software names, citing the recent rally in the software sector. According to the analyst, Salesforce shows “improving” data, and a “stronger than normal” outlook for Q4. Additionally, the analyst affirms that the current remaining performance obligations guidance will be a “closely watched metric in the quarter” due to bookings for Salesforce’s Agentforce AI product.

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