HSBC Initiates Coverage On Salesforce with Buy Rating, Announces Price Target of $267
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Stephen Bersey has initiated coverage on Salesforce (NYSE:CRM) with a Buy rating and a price target of $267.
September 15, 2023 | 9:38 am
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HSBC has initiated coverage on Salesforce with a Buy rating and a price target of $267, which could potentially boost the company's stock price.
The Buy rating and high price target set by HSBC indicates a positive outlook for Salesforce. 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