"AI Is Not a Gravedigger": Bank of America Turns Bullish on Salesforce (CRM.US), $30 Million Acquisition Ignites Software Stock Revaluation

Zhito Finance APP notes that Salesforce (CRM.US) became the focus of the U.S. software sector on Monday: the company announced it has signed a definitive agreement to acquire Israeli AI analytics startup Loops, and plans to integrate its technology and team into Tableau; almost at the same time, Bank of America unusually upgraded the stock rating directly from "Underperform" to "Buy," with its price target jumping from $160 to $285.