Salesforce.com's Agentforce platform could create billions of dollars in opportunity, Stifel raises target to $350

Stifel believes Salesforce's (CRM.US) Agentforce platform could bring in billions of dollars in opportunities. Although Stifel analyst Parker Lane said that Stifel will not update its model temporarily due to unknown factors such as the willingness of employee changes, the adoption schedule of agents and potential competitors, preliminary calculations show that Agentforce Service Agent could bring in billions of dollars of opportunities for Salesforce. Therefore, Stifel reiterates its buy rating on Salesforce and raises its target price to $350 from $320.