Needham Reiterates Buy on Salesforce, Maintains $250 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Scott Berg has reiterated a 'Buy' rating on Salesforce (NYSE:CRM) and maintained a price target of $250.
August 31, 2023 | 10:59 am
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POSITIVE IMPACT
Salesforce's stock rating has been reiterated as 'Buy' by Needham analyst Scott Berg, with a maintained price target of $250.
The reiteration of a 'Buy' rating by a reputable analyst like Scott Berg from Needham is a positive signal for Salesforce. It indicates that the analyst believes the company's stock is expected to outperform the market or its sector in the short term. The maintained price target of $250 also suggests that the analyst believes the stock has significant upside potential from its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100