Salesforce Receives Downgrade as Concerns Persist About Focus Shift Towards AI

DA Davidson recently downgraded Salesforce’s stock rating from ‘Neutral’ to ‘Underperform,’ citing concerns about the company’s strategic shift towards artificial intelligence (AI). This move follows a decline in traditional services revenue growth and raises questions regarding the impact of recent acquisitions on core operations. Despite reporting significant revenue from AI and data products, some analysts remain skeptical about the long-term sustainability of this growth. }