Wolfe Research Reiterates Outperform on Salesforce, Maintains $365 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Alex Zukin has reiterated an Outperform rating on Salesforce (CRM) and maintained a price target of $365. This reaffirmation highlights the firm's positive outlook on Salesforce's future performance.

April 16, 2024 | 10:23 am
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Wolfe Research's reiteration of an Outperform rating and maintenance of a $365 price target on Salesforce (CRM) underscores a strong confidence in the company's future performance.
The reaffirmation of the Outperform rating and the maintenance of a high price target by a reputable analyst firm like Wolfe Research can positively influence investor sentiment and potentially lead to an increase in stock price in the short term. This is based on the perception of Salesforce's strong future performance and growth prospects as implied by the analyst's rating.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100