Salesforce Stock Drops Over 2% After UBS Analyst Lowers Price Target
Salesforce (CRM) stock fell more than 2% after UBS analyst Karl Keirstead reduced his price target from $200 to $185 while maintaining a neutral rating. The decline occurred amid broader concerns about AI disruption in the legacy software sector, though Salesforce has been proactive with its own AI solution, Agentforce.
Tickers: $CRM
Topics: AI_disruption_concerns analyst_downgrade stock_price_drop