Why Salesforce (CRM) Is Betting on AI to Drive Its Next Growth Phase

Salesforce, Inc. (NYSE:CRM) is one of the undervalued large cap stocks to buy. On April 1, Evercore ISI analyst Kirk Materne reiterated an Outperform rating and $260 price target on Salesforce, Inc. (NYSE:CRM). The decision came after Salesforce’s Slackbot event, which Materne said reinforced his conviction in Salesforce’s long-term positioning in what he calls the “agentic enterprise.” The analyst defined agentic enterprise as a world where AI agents, not human users, drive software actions.