Needham Reiterates Buy on Salesforce, Maintains $345 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Scott Berg reiterates a Buy rating on Salesforce (CRM) and maintains a price target of $345.
April 15, 2024 | 11:20 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Needham analyst Scott Berg reiterates a Buy rating on Salesforce with a price target of $345.
The reiteration of a Buy rating and a high price target by a reputable analyst like Scott Berg from Needham is likely to instill confidence among investors and could lead to a positive short-term impact on Salesforce's stock price. The specific mention of a $345 price target suggests a strong conviction in the company's growth prospects and operational strength, which can be seen as a bullish signal for the stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100