Salesforce’s share price is up nearly 12% after falling short of earnings expectations and beating Wall Street’s revenue forecast, according to Barron’s.

Salesforce shares are up after the company raised its full-year outlook Tuesday, and analysts are offering increasingly bullish price targets.

Lead by Daniel Ives, Wedbush analysts kept their Outperform rating on the stock and boosted the price target to $425 from $375, noting strong demand for Agentforce and consistent growth rates. "The AI party has now come to CRM and the broader software world," Ives notes.