Canaccord Genuity Maintains Buy on Salesforce, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst David Hynes maintains a Buy rating on Salesforce (NYSE:CRM) and raises the price target from $215 to $230.
May 30, 2023 | 10:18 am
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Canaccord Genuity maintains Buy rating on Salesforce and raises price target from $215 to $230.
The raised price target by Canaccord Genuity indicates a positive outlook for Salesforce's stock in the short term. The Buy rating reaffirms the analyst's confidence in the company's performance, which could lead to an increase in investor interest and potentially drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100