24 Analysts Have This to Say About Salesforce
Portfolio Pulse from Benzinga Insights
In the past 3 months, 24 Wall Street analysts have provided ratings for Salesforce (NYSE:CRM), with an average 12-month price target of $278.33, a high of $315.00, and a low of $232.00. The consensus among these analysts is leaning towards a bullish outlook, with 8 bullish, 12 somewhat bullish, and 4 indifferent ratings. There have been no bearish or somewhat bearish ratings. The average price target has seen an increase of 6.89% over the past month.
December 18, 2023 | 3:00 pm
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POSITIVE IMPACT
Salesforce has received a predominantly bullish outlook from analysts, with an average 12-month price target of $278.33, which has increased by 6.89% in the past month.
The bullish sentiment from analysts, with no bearish or somewhat bearish ratings, and an increasing average price target suggest a positive short-term impact on CRM's stock price. Analyst ratings can influence market perceptions and investor behavior, potentially leading to a rise in the stock price, especially when the target is adjusted upward.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100