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Salesforce Stock Rides AI Wave | Business and Finance News
Description
Salesforce’s stock surged Wednesday after a top investment bank upgraded its rating, betting the market is overreacting to AI fears. Despite a rough stretch since summer’s peak, analysts see the company’s core value intact — and even bullish, with a 38% upside target. The move comes as Salesforce aggressively bolsters its AI muscle, just snapping up a $3B customer support AI firm to embed next-gen tech into its platforms — a clear play to evolve with AI, not be left behind.
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