Baird Maintains Outperform on Salesforce, Lowers Price Target to $295
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Rob Oliver maintains an Outperform rating on Salesforce (NYSE:CRM) but lowers the price target from $355 to $295.

May 30, 2024 | 12:24 pm
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Baird analyst Rob Oliver maintains an Outperform rating on Salesforce but lowers the price target from $355 to $295.
The Outperform rating suggests continued confidence in Salesforce's performance, but the lowered price target indicates some caution about its near-term growth prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100