Wedbush Maintains Outperform on Salesforce, Raises Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives has maintained an Outperform rating on Salesforce (NYSE:CRM) and increased the price target from $255 to $280, indicating a positive outlook on the company's stock.
November 30, 2023 | 2:19 pm
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Wedbush analyst Daniel Ives has reaffirmed an Outperform rating on Salesforce and raised the price target to $280, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst like Daniel Ives typically signals a strong conviction in the company's growth prospects and financial health. This can positively influence investor sentiment and potentially lead to a short-term increase in the stock price as the market adjusts to the new information.
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IMPORTANCE 85
RELEVANCE 100