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4 days agoCitigroup Boosts Salesforce Target to $295 After Strong Cloud Growth
Citigroup upgraded Salesforce shares to ‘Buy’ and lifted its price target to US$295 following 15% year-on-year Q3 revenue growth to US$9.6 billion. Analysts cited robust demand for Sales Cloud and Service Cloud products and improved margin leverage from cost controls. The brokerage expects a 12% upside over the next 12 months. Salesforce continues to expand its AI-driven Einstein 1 Platform, positioning itself to capture enterprise digital-transformation spending. Shares rose 1.4% in pre-market trading as investors reacted to the upbeat outlook and reaffirmed fiscal-year 2026 guidance.
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positive
4 days agoCitigroup Boosts Salesforce Target to $295 After Strong Cloud Growth
Citigroup upgraded Salesforce shares to ‘Buy’ and lifted its price target to US$295 following 15% year-on-year Q3 revenue growth to US$9.6 billion. Analysts cited robust demand for Sales Cloud and Service Cloud products and improved margin leverage from cost controls. The brokerage expects a 12% upside over the next 12 months. Salesforce continues to expand its AI-driven Einstein 1 Platform, positioning itself to capture enterprise digital-transformation spending. Shares rose 1.4% in pre-market trading as investors reacted to the upbeat outlook and reaffirmed fiscal-year 2026 guidance.
Explore:Mutual Fund Screening
positive
Citigroup Boosts Salesforce Target to $295 After Strong Cloud Growth
4 days ago
1 min read
85 words
Salesforce gained after Citigroup raised its price target to US$295, citing 15% revenue growth and strong adoption of its Einstein 1 AI-powered enterprise platform.
Citigroup upgraded Salesforce shares to ‘Buy’ and lifted its price target to US$295 following 15% year-on-year Q3 revenue growth to US$9.6 billion. Analysts cited robust demand for Sales Cloud and Service Cloud products and improved margin leverage from cost controls. The brokerage expects a 12% upside over the next 12 months. Salesforce continues to expand its AI-driven Einstein 1 Platform, positioning itself to capture enterprise digital-transformation spending. Shares rose 1.4% in pre-market trading as investors reacted to the upbeat outlook and reaffirmed fiscal-year 2026 guidance.
Citigroup upgraded Salesforce shares to ‘Buy’ and lifted its price target to US$295 following 15% year-on-year Q3 revenue growth to US$9.6 billion. Analysts cited robust demand for Sales Cloud and Service Cloud products and improved margin leverage from cost controls. The brokerage expects a 12% upside over the next 12 months. Salesforce continues to expand its AI-driven Einstein 1 Platform, positioning itself to capture enterprise digital-transformation spending. Shares rose 1.4% in pre-market trading as investors reacted to the upbeat outlook and reaffirmed fiscal-year 2026 guidance.
Companies:
Salesforce
Citigroup
Tags:
stocks
Salesforce
stocks
Salesforce
Citigroup
cloud
AI
Oct 26, 2025 • 14:43 IST