Evercore ISI Group Reiterates Outperform on Salesforce, Maintains $240 Price Target
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Kirk Materne has reiterated an 'Outperform' rating on Salesforce (NYSE:CRM) and maintained a price target of $240.
July 11, 2023 | 3:21 pm
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Salesforce's stock rating has been reiterated as 'Outperform' by Evercore ISI Group, with a maintained price target of $240.
The reiteration of an 'Outperform' rating by a reputable analyst group like Evercore ISI indicates a positive outlook for Salesforce's stock. The maintained price target of $240 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100