Bernstein Maintains Underperform on Salesforce, Raises Price Target to $153
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Mark Moerdler maintains an Underperform rating on Salesforce (NYSE:CRM) and raises the price target from $145 to $153.
June 01, 2023 | 11:03 am
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Bernstein analyst Mark Moerdler maintains an Underperform rating on Salesforce (NYSE:CRM) and raises the price target from $145 to $153.
The news directly mentions Salesforce (NYSE:CRM) and the analyst's decision to maintain an Underperform rating, which indicates a negative outlook for the stock. The price target increase from $145 to $153 may provide some support, but the overall sentiment remains negative, which could lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100