Salesforce Gets a Wall Street Upgrade and the AI Bear Case Is Crumbling

Why Salesforce is staying in the portfolio despite a harsh analyst downgrade

Jim Cramer isn't ready to give up on Salesforce after KeyBanc downgraded the stock

Salesforce stock falls after KeyBanc downgrade on AI growth concerns

Salesforce Inc. (CRM) shares fell 2.5% on Thursday after KeyBanc downgraded the software company, citing concerns that its Agentforce artificial intelligence platform may take longer than expected to become a meaningful growth driver. The downgrade came despite Salesforce's strong position in enterprise software and follows the company's better-than-expected fiscal first-quarter results reported in late May. Investors have remained focused on wh…

Wall Street sets Salesforce stock price target for next 12 months

By July 8, Salesforce’s (NYSE: CRM) 2026 market and business performance appears to have started getting reflected in the CRM stock price targets and ratings.  Specifically, Jackson Ader, a KeyBanc analyst, revealed in a Wednesday note that he has downgraded the equity from ‘Overweight’ – ‘Buy’ – to ‘Sector Weight’ – ‘Hold.’  The Wall Street expert explained that, while his institution’s opinion that the ‘Death of SaaS’ narrative is overstated d…

Salesforce Gets a Wall Street Upgrade and the AI Bear Case Is Crumbling

Salesforce just got a vote of confidence from one of Wall Street’s sharpest firms — and the timing couldn’t be more significant. Guggenheim upgraded Salesforce (NYSE: CRM) to Buy from Neutral on July 1, setting a price target of $228. That’s a substantial premium to where the stock has been trading, and it signals something important: the narrative that AI would eat Salesforce’s lunch is starting to look wrong. The bear case on CRM has been simp…