Salesforce, Inc. (NYSE:CRM) is included among the Billionaire George Soros Stock Portfolio: 10 Best Stocks to Buy.
On May 28, Northland analyst Nehal Chokshi lowered the firm’s price recommendation on Salesforce, Inc. (NYSE:CRM) to $202 from $229. He reiterated a Market Perform rating on the shares. In a post-earnings note, the analyst said that estimated constant-currency current remaining performance obligation (cRPO) growth appears to be slowing.
Also on May 28, BMO Capital lowered its price goal on Salesforce to $215 from $225. It kept an Outperform rating on the stock following the company’s first-quarter earnings report. The firm said the results and guidance are unlikely to change the views of either bullish or bearish investors. As a result, BMO expects little impact on fiscal 2027 revenue growth expectations. According to the analyst, investors will likely remain focused on signs of stronger revenue growth and evidence that any improvement can be sustained. Even so, BMO continues to view the stock favorably, citing the potential for better revenue growth and what it considers an undemanding valuation.
Northland analyst Nehal Chokshi is a customer relationship management (CRM) technology company. Its AI-powered Agentforce 360 Platform provides solutions for sales, service, marketing, commerce, collaboration, data management, integration, analytics, and information technology (IT) services.
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 NEXT: 10 Best Reddit Stocks to Buy According to Billionaires and 10 Safe Stocks to Buy for the Long Term in 2026
Disclosure: None. Follow Insider Monkey on Google News.
