Stifel Maintains Buy on Salesforce, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Parker Lane has reaffirmed a Buy rating on Salesforce (NYSE:CRM) and increased the price target from $275 to $300, indicating a positive outlook on the company's stock.
November 30, 2023 | 8:05 pm
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Stifel analyst Parker Lane maintains a Buy rating on Salesforce and raises the price target to $300, suggesting confidence in the company's future performance.
The increase in price target by Stifel reflects a bullish stance on Salesforce's stock, which could lead to increased investor confidence and a potential short-term rise in the stock price. The Buy rating and higher price target suggest that the analyst sees strong fundamentals or potential growth that could drive the stock higher.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100