CRMD Stock Price and Chart — BCBA:CRMD

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BMO Capital has revised its price target for Salesforce (CRM) from $425 to $375, while keeping an 'Outperform' rating.

Salesforce faces cautious investor sentiment after a sales leadership change, potentially impacting its 2025 market strategy and raising concerns about revenue timing from Agentforce.

Salesforce CEO Marc Benioff denied rumors of a major cloud deal with Microsoft, Google, and Oracle, confirming an extended partnership with Google for future Customer 360 apps and services.

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About Salesforce

Salesforce, Inc. engages in the design and development of cloud-based enterprise software for customer relationship management. Its solutions include sales force automation, customer service and support, marketing automation, digital commerce, community management, collaboration, industry-specific solutions, and salesforce platform. The firm also provides guidance, support, training, and advisory services. The company was founded by Marc Russell Benioff and Parker Harris in 1999 and is headquartered in San Francisco, CA.