Stifel Maintains "Buy" Rating on Salesforce Following Meetings with Executives

Stifel maintains a "Buy" rating on Salesforce (CRM) after meetings with executives, who emphasized AI as the company's top internal goal. Salesforce's Q4 cRPO increased 16.2% YoY, but its constant-currency organic growth fell short of management's target. The company's $50 billion share repurchase plan was seen favorably. Analysts are bullish on CRM, with a 40.5% increase in consensus price target to $252.00 by March 30, 2026.