Cantor Reaffirms Price Target as Salesforce Expands AI Agent Capabilities

Salesforce, Inc. (NYSE:CRM) ranks among the best FAANG stocks to buy according to hedge funds. On June 26, Cantor Fitzgerald reaffirmed its $325 price target and Overweight rating on Salesforce, Inc. (NYSE:CRM). The firm’s update coincides with Salesforce’s ongoing efforts to enhance its artificial intelligence capabilities by offering customers pre-built agent solutions.

Cantor Reaffirms Price Target as Salesforce Expands AI Agent Capabilities

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These pre-built agents, according to Cantor Fitzgerald, are a calculated move to encourage Salesforce, Inc. (NYSE:CRM) users to embrace AI. In an analysis note, the firm explained further:

“These pre-built agents are yet another way to lower barriers and make AI Agent adoption as seamless and painless as possible for customers, while also removing friction from high-cost implementation schedules.”

Additionally, Salesforce, Inc. (NYSE:CRM) recently launched Agentforce 3, an update to its digital labor platform that includes new tools, including a Command Center for AI agent monitoring. According to reports, this modification has significantly improved administrative chat interactions for early adopters and reduced customer case handle time by 15%.

Salesforce, Inc. (NYSE:CRM) is a cloud-based software company focused on customer relationship management. The company offers custom software and solutions for various applications, such as analytics, marketing automation, and sales.

While we acknowledge the potential of CRM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

Read More: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds

Disclosure: None.