Analyst Reiterates Underperform Rating on Salesforce Amid Concerns Over Growth
Salesforce reported strong Q1 results with revenue growth of 13% year-over-year, but Bank of America analyst Tal Liani reiterated an 'Underperform' rating due to concerns over muted organic growth and the company's AI strategy. The firm highlighted that core business performance was in line with expectations but expressed skepticism about future acceleration.
Tickers: $CRM
Topics: AI Strategy Earnings Performance Investor Sentiment Salesforce