BofA Slaps Salesforce With Underperform Rating, $160 Price Target: Is the AI Story Falling Flat?
Bank of America has downgraded Salesforce to an Underperform rating with a price target of $160, significantly lower than the consensus average of $268. The downgrade reflects concerns over muted customer growth and underwhelming AI monetization. Salesforce's stock is already under pressure, trading down 33% year to date.
- ▪Bank of America analyst Tal Liani reinstated coverage of Salesforce with an Underperform rating.
- ▪Salesforce closed fiscal 2026 with $41.5 billion in revenue, up 10% year over year.
- ▪The downgrade raises concerns about Salesforce's ability to monetize its AI initiative, Agentforce.
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BofA Slaps Salesforce With Underperform Rating, $160 Price Target: Is the AI Story Falling Flat? David Moadel Mon, May 18, 2026 at 8:32 AM PDT 3 min read BAC +1.46% CRM +2.82% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
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