“AI is not the gravedigger”: Bank of America turns bullish on Salesforce (CRM.US), $30 million acquisition sparks software stock revaluation
智通财经2026/10/13 03:11Show original
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Jitom Finance APP noted that Salesforce (CRM.US) became the focus of the US software sector on Monday: the company announced it has signed a definitive agreement to acquire Israeli AI analytics startup Loops, and plans to integrate its technology and team into Tableau. Almost simultaneously, Bank of America unusually raised its rating on the stock directly from "Underperform" to "Buy", with the target price soaring from $160 to $285.
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"AI is not a gravedigger": Bank of America turns bullish on Salesforce (CRM.US), $30 million acquisition sparks software stock revaluation
Bank of America has made a rare upgrade on Salesforce to “Buy” with a target price of $285, coinciding with its approximately $30 million acquisition of Loops. The stock surged 5% during intraday trading.
智通财经•2026/10/13 03:12
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