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Salesforce Inc. (NYSE:CRM) is one of the 10 Best SaaS Stocks to Buy According to Reddit. On July 1, Guggenheim upgraded its rating on Salesforce to Buy from Neutral, setting a price target of $228.00, according to a report by Investing.com.

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The analyst highlighted that the company's current valuation of 3.7 times recurring revenue and 11 times enterprise value to next-twelve-month consensus free cash flow is an attractive entry point for investors.

In contrast, Phillip Securities downgraded Salesforce to Neutral from Buy with a reduced price target of $166 from $270, according to a report by TheFly on June 29.

Earlier on June 15, Salesforce announced that it had forged a definitive agreement for the acquisition of customer agent company Fin, formerly Intercom, for approximately $3.6 billion.

Jefferies earlier expressed optimism for the acquisition, as it will accelerate AI adoption in the company's installed base. The analyst highlighted that 15 M&A deals signed by Salesforce since May 2025 are helping accelerate innovation, as the company looks to reinvent itself amid the AI displacement narratives.

Salesforce Inc. (NYSE:CRM) helps organizations become agentic enterprises by integrating humans, agents, apps, and data on a trusted, unified platform to unlock unprecedented growth and innovation.

While we acknowledge the potential of CRM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Best AI Chip Stocks to Buy for the Long Term and 10 Best Energy Stocks Capitalizing on the Data Center Boom.

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