Check Out What Whales Are Doing With CRM
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Salesforce (NYSE:CRM), with 54% of investors opening trades with bullish expectations and 45% with bearish. The whale has been targeting a price range from $210.0 to $280.0 for Salesforce over the last 3 months. The price of CRM is up 2.19% at $232.62. Needham, BMO Capital, and Mizuho have maintained their Buy rating on Salesforce, while Evercore ISI Group and B of A Securities have downgraded their action to Outperform and Buy respectively.
July 19, 2023 | 1:46 pm
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Salesforce (NYSE:CRM) has seen a bullish stance from a whale investor, with a targeted price range of $210-$280. The stock is currently up 2.19% at $232.62. Analyst ratings are mixed.
The bullish stance from a whale investor, along with the current upward trend in the stock price, indicates a positive short-term impact on Salesforce's stock. However, the mixed analyst ratings could introduce some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100