Needham Reiterates Buy on Salesforce, Maintains $345 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Scott Berg reiterates a Buy rating on Salesforce (NYSE:CRM) and maintains a $345 price target.
May 30, 2024 | 10:58 am
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Needham analyst Scott Berg reiterates a Buy rating on Salesforce and maintains a $345 price target, indicating confidence in the company's future performance.
The reiteration of a Buy rating and a high price target of $345 by a reputable analyst suggests strong confidence in Salesforce's future performance. This is likely to positively impact the stock price in the short term as investors may follow the analyst's recommendation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100