Following the upgrade, Salesforce (CRM) saw gains, trading at $257.75 (+1.63%) after RBC Capital raised its price target from $250 to $290, maintaining a 'Sector Perform' rating. The firm highlighted CRM's strong AI position, including Einstein AI, as a key driver for potential rebound.
- The stock's movement aligned with broader market gains and positive market sentiment driven partly by the focus on AI at CES.
- The current consensus target for CRM stands significantly higher at $325.71, suggesting an approximate 27% upside potential.