🟢 Salesforce is trading 4.7% up today after J.P. Morgan initiated coverage at Overweight

Salesforce is trading 4.7% up now at $202.41 after J.P. Morgan initiated coverage with an Overweight rating and a $250 December 2027 price target.

• The analyst action directly explains the company-specific rally.
• J.P. Morgan said AI concerns are overblown and Salesforce’s valuation is attractive.
• Stronger technology sentiment and cooling July PPI are providing additional support across growth stocks.