Morgan Stanley Maintains Equal-Weight on Salesforce, Raises Price Target to $290
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss has maintained an Equal-Weight rating on Salesforce (NYSE:CRM) and increased the price target from $278 to $290.
November 30, 2023 | 3:39 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Salesforce but raised the price target from $278 to $290, indicating a positive outlook on the stock's value.
The increase in price target by a reputable analyst like Keith Weiss from Morgan Stanley suggests a positive sentiment towards Salesforce's stock value in the short term. This could lead to increased investor confidence and a potential rise in the stock price as the market adjusts to the new price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100