JMP Securities Maintains Market Outperform on Salesforce, Raises Price Target to $342
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Patrick Walravens maintains a Market Outperform rating on Salesforce (CRM) and raises the price target from $293 to $342.
February 29, 2024 | 7:17 pm
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Salesforce's price target was raised from $293 to $342 by JMP Securities, with a maintained Market Outperform rating.
The increase in price target by a reputable analyst firm like JMP Securities typically signals a strong bullish outlook on the stock, suggesting potential upside. This can positively influence investor sentiment and potentially drive the stock price up in the short term.
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