Loop Capital Maintains Hold on Salesforce, Raises Price Target to $215
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Yun Kim maintains a Hold rating on Salesforce (NYSE:CRM) and raises the price target from $190 to $215.

June 01, 2023 | 12:36 pm
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Loop Capital analyst Yun Kim maintains a Hold rating on Salesforce and raises the price target from $190 to $215.
The news of Loop Capital maintaining a Hold rating on Salesforce and raising the price target from $190 to $215 indicates that the analyst sees potential for the stock price to increase. However, the Hold rating suggests that the analyst does not expect significant short-term price movement. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100