Morgan Stanley Downgrades Salesforce to Equal-Weight
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley analyst Keith Weiss has downgraded Salesforce (NYSE:CRM) from Overweight to Equal-Weight.
July 31, 2023 | 10:52 am
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NEGATIVE IMPACT
Salesforce has been downgraded from Overweight to Equal-Weight by Morgan Stanley.
The downgrade from Morgan Stanley could potentially lead to a decrease in the stock price of Salesforce in the short term as it indicates a less optimistic outlook for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100