Salesforce shares are trading higher after Citigroup raised its price target on the stock from $265 to $325.
Portfolio Pulse from Benzinga Newsdesk
Salesforce's stock price increased following Citigroup's decision to raise its price target for the company from $265 to $325.
February 26, 2024 | 7:26 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Salesforce's stock price saw an uptick after Citigroup upgraded its price target from $265 to $325.
The increase in Salesforce's stock price is directly attributed to Citigroup's raised price target, indicating a positive outlook on the company's future performance. This kind of endorsement from a major financial institution often leads to increased investor confidence and can drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100