Salesforce CEO Benioff rips Microsoft's AI efforts. Here's why we're not picking sides

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Salesforce CEO Benioff rips Microsoft's AI efforts. Here's why we're not picking sides
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Deutsche Bank raised Salesforce's price target to $365 apiece from $325 Friday.

In the emerging AI software battle between Microsoft and Salesforce , investors do not need to pick a side. Jim Cramer says own both. The news Deutsche Bank on Friday raised its price target on Salesforce to $365 a share from $325, implying nearly 9% upside from Thursday's close. Analysts cited the software maker's new suite of artificial intelligence tools, dubbed Agentforce, as a catalyst for additional stock gains.

Salesforce CEO Marc Benioff speaks during Salesforce's Dreamforce on September 17, 2024 in San Francisco, California.

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