Needham Maintains Buy on Salesforce, Raises Price Target to $345
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Scott Berg maintains a Buy rating on Salesforce (CRM) and raises the price target from $275 to $345.
February 29, 2024 | 12:54 pm
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POSITIVE IMPACT
Needham analyst Scott Berg maintains a Buy rating on Salesforce and raises the price target from $275 to $345.
The increase in the price target by a reputable analyst suggests a strong confidence in Salesforce's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100