This Is What Whales Are Betting On Salesforce
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Salesforce (NYSE:CRM), with 50% of investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $160.0 to $320.0 for Salesforce over the last 3 months. The price of CRM is currently down -1.39% at $203.48. Several experts have downgraded their actions on Salesforce but maintained their buy ratings with price targets ranging from $240 to $275.
September 26, 2023 | 4:31 pm
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NEUTRAL IMPACT
Salesforce has seen a mix of bullish and bearish trades, with a whale investor targeting a price range of $160-$320. The stock is currently down -1.39% at $203.48. Analysts have downgraded their actions but maintained buy ratings with price targets of $240-$275.
The news indicates a bullish stance from a whale investor, which could potentially drive the stock price up. However, the stock is currently down, indicating some market uncertainty. Analysts maintaining their buy ratings suggest a positive outlook, but the downgraded actions indicate some caution. This mix of factors leads to a neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100