JMP Securities Maintains Market Outperform on Salesforce, Raises Price Target to $275
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Patrick Walravens maintains a Market Outperform rating on Salesforce (NYSE:CRM) and raises the price target from $250 to $275.
June 01, 2023 | 11:16 am
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POSITIVE IMPACT
JMP Securities maintains a Market Outperform rating on Salesforce and raises the price target from $250 to $275.
The news of JMP Securities maintaining a Market Outperform rating and raising the price target for Salesforce (CRM) from $250 to $275 is positive for the stock. This indicates that the analyst believes the stock will outperform the market and has increased confidence in its future performance. This is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100