RBC Capital Reiterates Outperform on Salesforce, Maintains $240 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Rishi Jaluria has reiterated an 'Outperform' rating on Salesforce (NYSE:CRM) and maintained a price target of $240.
August 31, 2023 | 1:02 pm
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POSITIVE IMPACT
Salesforce's stock rating has been reiterated as 'Outperform' by RBC Capital, with a maintained price target of $240.
The reiteration of an 'Outperform' rating by a reputable analyst like Rishi Jaluria from RBC Capital is a positive signal for Salesforce. The maintained price target of $240 indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100