"AI transformation" fails to offset sluggish subscription revenue; Morgan Stanley slashes Salesforce (CRM.US) target price to $185

智通财经2026/07/22 07:56

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Golden Ten Data APP has learned that Morgan Stanley recently downgraded Salesforce (CRM.US) from "Overweight" to "Neutral," and lowered its target price by about 35% from $287 to $185, pointing out a significant disconnect between its aggressive AI development and the continued weakness in subscription revenue growth.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

According to the Financial Times, JPMorgan CEO Jamie Dimon had a phone conversation with the UK Chancellor of the Exchequer, Rachel Reeves, last week, warning her not to raise taxes on the banking industry. The UK government is currently considering introducing new taxes on banks before the October budget. Dimon stated that an uncompetitive tax regime could weaken London as a financial center, potentially leading to an outflow of capital and financial jobs from the UK.

智通财经•2026/08/16 20:26