Check Out What Whales Are Doing With CRM
Portfolio Pulse from Benzinga Insights
A significant number of investors have taken a bearish stance on Salesforce (NYSE:CRM), with 56% of detected trades showing bearish expectations. The targeted price range for Salesforce over the last 3 months is $165.0 to $250.0. The current price of CRM is down -0.82% at $228.48. Several financial institutions have maintained or downgraded their ratings on Salesforce, with price targets ranging from $240 to $255.
July 14, 2023 | 7:46 pm
News sentiment analysis
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NEGATIVE IMPACT
Salesforce (NYSE:CRM) has seen a bearish sentiment in trades, with a targeted price range of $165.0 to $250.0. Its current price is down -0.82% at $228.48. Ratings from financial institutions are mixed, with price targets ranging from $240 to $255.
The bearish sentiment detected in Salesforce trades, along with the current price decrease, suggests a potential short-term negative impact on the stock. The mixed ratings from financial institutions further support this analysis.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100