Melius Research's downgrade of Adobe makes the case that AI is a major threat to software providers like Salesforce.
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Analysts remained mixed across the board in their long-term stances toward Salesforce.
Despite the risks, many analysts at major banks remain bullish on Salesforce.
The more bullish forecasts see shares of Salesforce surging as much as 70% from here.
The stock dropped in after-hours trading as investors remained anxious about the potential of AI disrupting traditional…
"I do not believe the technical pressures brought on by the private credit/software debt issues are big enough to affect these…
Wall Street's stock price forecasts for Salesforce are all over the place, from 14% downside to upside of more than 70%.
