Mizuho Reiterates Buy on Salesforce, Raises Price Target to $345
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gregg Moskowitz has reiterated a Buy rating on Salesforce (CRM) and increased the price target from $325 to $345, indicating a positive outlook on the company's stock.
February 29, 2024 | 3:17 pm
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POSITIVE IMPACT
Mizuho has reiterated a Buy rating on Salesforce and raised the price target from $325 to $345, showing confidence in the company's future performance.
The increase in price target by a reputable analyst like Gregg Moskowitz suggests a strong belief in Salesforce's potential for growth and profitability. This endorsement is likely to positively influence investor sentiment and could lead to a short-term increase in CRM's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100