Wolfe Research Upgrades Salesforce to Outperform, Announces $315 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Alex Zukin has upgraded Salesforce (NYSE:CRM) from Peer Perform to Outperform and set a price target of $315. This upgrade suggests a positive outlook for Salesforce's stock performance.
December 18, 2023 | 11:57 am
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POSITIVE IMPACT
Salesforce has been upgraded by Wolfe Research from Peer Perform to Outperform with a new price target of $315, indicating a strong potential upside for the stock.
Upgrades by analysts, especially from reputable firms like Wolfe Research, can lead to increased investor confidence and a potential rise in stock price. The new price target of $315 implies a significant upside from current levels, which may attract more buyers in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100