Bank of America upgraded Salesforce from Underperform to Buy, raising its price target from $160 to $285. Analyst Tal Liani cited improving trends in AI product monetization, particularly the Agentforce platform. Early results show a 13% increase in conversion rates and a 17% rise in cart additions for Salesforce’s commerce AI features. The stock climbed between 3.5% and 4.6% intraday, recovering from a 13% year-to-date decline prior to the upgrade. In May 2026, the bank had warned of slowing revenue growth and Agentforce contributing less than 2% of sales.
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