Double upgrades now.    Well orchestrated AI-driven apocalypse concerns getting evaporated now!  

BofA says concerns about AI-driven disintermediation are easing, adding that "large enterprises are unlikely to replace platforms that house their business logic, data, workflows and compliance frameworks."

Salesforce Shares Rise 4% as BofA Double-Upgrades It to Buy from Underperform

BUZZ-BofA double-upgrades Salesforce to 'buy'; shares rise** BofA Global Research double-upgrades SalesforceCRM.Nto "buy" from "underperform"; hikes price objective to $285 from $160** Shares of the business software provider rise over 4% to $238.60 premarket** BofA says concerns about AI-driven disintermediation are easing, adding that large enterprises are unlikely to replace platforms that house their business logic, data, workflows and compliance frameworks** "If anything, AI should deepen dependence on these platforms" - BofA** Average rating of 52 analysts is "buy"; their median PT is $290 - data compiled by LSEG** Stock has lost 13.5% so far this year, compared with a 14.11% gain in the S&P 500.SPX
Salesforce Shares Rise 4% as BofA Double-Upgrades It to Buy from Underperform

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