BMO Capital Maintains Outperform on Salesforce, Raises Price Target to $277
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman has maintained an Outperform rating on Salesforce (NYSE:CRM) and increased the price target from $252 to $277, indicating a positive outlook on the company's stock performance.

November 30, 2023 | 4:42 pm
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POSITIVE IMPACT
Salesforce's stock may see a positive short term impact due to BMO Capital's maintained Outperform rating and raised price target from $252 to $277.
Analyst upgrades and raised price targets often lead to increased investor confidence and can result in a short term rise in stock price. BMO Capital's decision to maintain an Outperform rating and raise the price target for Salesforce suggests a strong bullish stance on the company's future performance, which is likely to be viewed positively by the market.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100