The Best and Worst Dow Stocks

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9. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 162

Short Interest as of Apr 30, 2025: 1.33%

Salesforce, Inc. operates as a customer relationship management (CRM) technology provider. It connects customers and companies globally. CRM provides Salesforce Starter, Tableau, Slack, integration and analytics solutions, Agentforce, Industries AI, and Data Cloud.

Investment firm Needham’s analyst Scott Berg maintained its Buy rating on the stock, along with the price target of $400. Analysts presented a bullish outlook by saying that the company’s agent development and improvement are becoming more efficient. Moreover, the investment firm is also impressed by the artificial intelligence agent Agentforce.

Analyst Scott Berg commented:

“The newly released Testing Center and an in-pilot Agent Interaction module will further enhance the AI feedback cycle.”

Bank of America Securities also provided a bullish outlook on the company by reiterating its Buy rating and the target price of $350. In a recession, analysts usually prefer companies like Salesforce due to their enterprise presence, strong free cash flow, and stable business model.

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