12 AI Stocks Analysts Are Talking About Right Now

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8. Salesforce, Inc. (NYSE:CRM)

Number of Hedge Fund Holders: 162

Salesforce Inc (NYSE:CRM) is a cloud-based CRM company that has gained popularity after it unveiled its AI-powered platform called Agentforce. On April 23, Piper Sandler lowered the firm’s price target on the stock to $315 from $400 and kept an “Overweight” rating on the shares. Tariff, policy, and artificial intelligence adoption hurdles have led the firm to cut estimates and price targets across the cloud applications and analytics sector. The analyst also told investors in a research note that application software names appear “battered and bruised on eroding investor sentiment” due to moderating industry growth for the fourth straight year, as well as AI adoption challenges “that suggest the bloom might be coming off the AI rose.”

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