Evaluating Salesforce: Insights From 26 Financial Analysts
Portfolio Pulse from Benzinga Insights
26 financial analysts have provided a range of opinions on Salesforce (NYSE:CRM) over the past quarter, with a mix of bullish, somewhat bullish, and indifferent ratings. The average 12-month price target has increased by 11.02% to $337.38. Recent analyst actions include both raises and lowers in ratings and price targets, reflecting varied sentiments on Salesforce's market performance.
May 23, 2024 | 3:00 pm
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Salesforce (NYSE:CRM) has received mixed ratings from 26 analysts over the past quarter, with an average 12-month price target of $337.38, up 11.02%. Recent analyst actions include both raises and lowers in ratings and price targets, indicating varied sentiments on the company's market performance.
The increase in the average price target by 11.02% suggests a positive outlook from analysts, despite mixed ratings. This could lead to a short-term positive impact on Salesforce's stock price as investors may view the higher price targets as a sign of potential growth.
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