Salesforce Advances 3% on Bank of America Double Upgrade to Buy With $285 Target; ServiceNow Climbs 3%, Palantir Holds Steady

Impact · against what's priced in

The Bank of America double-upgrade on Salesforce provides a positive catalyst by challenging the bear case that AI would disintermediate enterprise platforms. Conversely, the positive guidance and revenue growth for ServiceNow and Palantir are already reflected in their respective valuations, resulting in no material change to their price assumptions.

CRM+0.40

Challenges what's priced in

The price assumes