J.P. Morgan Initiates Salesforce at Overweight, $250 Target, Calls AI Concerns "Overblown"

J.P. Morgan analyst Samik Chatterjee initiated coverage of Salesforce (CRM) with an Overweight rating and a $250 price target on August 13, 2026, upgrading from Not Rated. Chatterjee called market concerns about the company's competitive positioning in AI "overblown," according to Yahoo Finance.