On June 26, Salesforce rose 3.46% in regular trading, trading at $155.99/share, with turnover of $328 million. The stock gained amid broader strength in AI application software names, as the company's AI agent strategy continued to attract investor attention following a recent rating upgrade.
On the news front, investment firm Monness recently upgraded Salesforce from Neutral to Buy with a 12-month price target of $200, sending a positive signal after the stock had recorded its longest-ever losing streak of 11 consecutive trading days following the $3.6 billion acquisition of AI customer agent company Fin. Additionally, Anthropic launched a Claude Tag Research Preview feature on Slack for enterprise and team customers, deepening the integration of AI agents into Salesforce's CRM workflow ecosystem. Salesforce holds approximately $5 billion in Anthropic equity, and has further solidified its AI strategy through partnerships with Databricks and a $1 billion investment commitment in Italy, signaling a broad recovery in market sentiment toward the company's AI positioning.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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