Valuation is cheap + AI risk is limited, JPMorgan has upgraded Salesforce (CRM.US) to "Overweight".

According to the Zhitong Finance APP, JPMorgan has upgraded the rating of Saifushi (CRM.US) from "Not Rated" to "Overweight," citing its attractive valuation and limited risks related to artificial intelligence (AI). The bank has also set a target price of $250 for December 2027.