JMP Securities Maintains Market Outperform on Salesforce, Raises Price Target to $293
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Patrick Walravens has maintained a Market Outperform rating on Salesforce (NYSE:CRM) and increased the price target from $275 to $293.
November 30, 2023 | 6:49 pm
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POSITIVE IMPACT
Salesforce's stock may see a positive short-term impact due to JMP Securities' analyst maintaining a Market Outperform rating and raising the price target to $293.
Analyst ratings and price target adjustments are significant indicators for investors. The increase in price target by JMP Securities suggests a strong confidence in Salesforce's future performance, which can lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100