Citigroup Maintains Neutral on Salesforce, Raises Price Target to $325
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke has maintained a Neutral rating on Salesforce (NYSE:CRM) but raised the price target from $265 to $325.

February 26, 2024 | 4:37 pm
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POSITIVE IMPACT
Citigroup has maintained a Neutral rating on Salesforce but increased the price target from $265 to $325.
The increase in price target by Citigroup suggests a positive outlook on Salesforce's future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price. However, the Neutral rating indicates that Citigroup sees the stock as fairly valued at its current price, balancing the potential for both upside and downside.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100