Barclays lowered its price target on Salesforce stock, citing that Trump-era tariffs are benefiting certain AI stocks.
3 reports, 1 independent
Updated Aug 21
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What happened
Barclays lowered its price target on Salesforce stock, citing that Trump-era tariffs are benefiting certain AI stocks.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Morgan Stanley analysts lowered Bill.com's rating and Bill.com offered Invoice2go, amid discussions of Trump-era tariffs benefiting AI stocks.Sub-event
Barclays downgraded Salesforce stock due to benefits from Trump-era tariffs on AI stocks.1 source
AI stocks benefit from Trump-era tariffs, but pricing pressure from IRA and market concerns persist.1 source
- Cantor Fitzgerald reaffirmed Salesforce price target amid AI stock benefits from Trump tariffs.
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The entities involved
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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Barclays
British bank
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Salesforce
American cloud-based software company
Related events
- Trump-era tariffs are reportedly benefiting certain AI stocks, coinciding with the spin-off of Millrose Properties, Inc. from Lennar Corporation.
- GE Vernova (Q118957699) received a buy rating from BofA Securities (news:bofasecurities-e1809a40) on July 29, noting benefits from Trump-era tariffs.
- Trump-era tariffs are reported to be benefiting certain AI stocks, involving Core & Main.
- Trump-era tariffs and onshoring benefit AI stocks, while a Portland company acquires property and SBA lending increases.
- Semiconductor firms like Marvell, AMD, and Arm are benefiting from Trump-era tariffs and onshoring trends.
Coverage
Newest first; wire copies grouped- Insider MonkeyBarclays Lowers Salesforce (CRM) Price Target Ahead of Q2 Earnings Print Salesforce, Inc. (NYSE:CRM) is one of the AI Stocks Analysts Are Watching Closely. On August 18, Barclays analyst Raimo Lensch
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- Unknown outlet