Salesforce stock slides as tariff uncertainty and a Morgan Stanley target cut sharpen focus on earnings
Salesforce shares fell 5.6% to $174.70 in late-morning trading Monday, dragging down the Dow as software stocks slumped on renewed tariff concerns. President Trump announced a new 15% global duty after a Supreme Court ruling. Investors await Salesforce’s Feb. 25 earnings for signals on demand and AI tool adoption. Morgan Stanley cut its price target on the stock to $287 from $398.