Loop Capital Maintains Hold on Salesforce, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Yun Kim maintains a 'Hold' rating on Salesforce (NYSE:CRM) and raises the price target from $215 to $230.
August 31, 2023 | 1:36 pm
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Salesforce's price target has been raised from $215 to $230 by Loop Capital, while maintaining a 'Hold' rating.
The increase in Salesforce's price target by Loop Capital indicates a positive outlook for the company's stock. However, the 'Hold' rating suggests that the stock is expected to perform in line with the market or sector in the short term. This could lead to a potential increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100