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 58% of investors opening trades with bullish expectations and 41% with bearish. The whale has been targeting a price range from $80.0 to $220.0 for Salesforce over the last 3 months. JMP Securities and Truist Securities have both downgraded their actions on Salesforce but with a price target of $275. The price of CRM is currently down -1.84% at $205.97.
October 18, 2023 | 4:47 pm
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Salesforce has seen a bullish stance from a whale investor, with a targeted price range of $80-$220. Despite a current price drop of -1.84%, JMP Securities and Truist Securities have set a price target of $275.
The bullish stance from a whale investor, along with the high price targets set by JMP Securities and Truist Securities, indicate a positive outlook for Salesforce. Despite the current price drop, these factors could lead to a potential increase in the stock's price.
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