Piper Sandler Downgrades Salesforce to Neutral, Lowers Price Target to $232
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has downgraded Salesforce (NYSE:CRM) from Overweight to Neutral and lowered the price target from $268 to $232.
October 23, 2023 | 8:40 am
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Salesforce has been downgraded from Overweight to Neutral by Piper Sandler, with a lowered price target of $232.
The downgrade from Overweight to Neutral by Piper Sandler, along with a lowered price target, indicates a less optimistic outlook for Salesforce's stock. This could potentially lead to a decrease in the stock's price in the short term.
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