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Salesforce (CRM) Stock Jumps 3% After BofA Double Upgrade to Buy

By Trader Edge at 2026-11-06 22:51

Sentiment: Negative

TLDR Salesforce (CRM) rose about 3% in pre-market trading on Monday after BofA Securities lifted its rating from Underperform to Buy. BofA raised its price target from $160 to $285 after talks with CTOs who said replacing Salesforce platforms is highly unlikely. AI-related annual recurring revenue topped $1.5 billion in the latest quarter, helped by [...] The post Salesforce (CRM) Stock Jumps 3% After BofA Double Upgrade to Buy appeared first on CoinCentral. Continue reading...

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