Salesforce founder Marc Benioff, wearing a sports coat jacket and in front of a blue background on a stage, extends his hands forward during a talk.
Marc Benioff
  • Bank of America adjusted its price target for Salesforce stock from $200 to $235 on Thursday.
  • That represents about a 26% upside from the current price of $186.
  • "Margin outlook reflects major step towards disciplined growth," analysts said. 

Bank of America strategists raised their price objective for Salesforce stock from $200 to $235 on Thursday, following a better-than-expected fourth-quarter earnings report from the company on Wednesday.