Morgan Stanley Maintains Overweight on Salesforce, Lowers Price Target to $320
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley maintains an Overweight rating on Salesforce (NYSE:CRM) but lowers the price target from $350 to $320.
May 30, 2024 | 12:31 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Morgan Stanley analyst Keith Weiss maintains an Overweight rating on Salesforce but lowers the price target from $350 to $320.
The Overweight rating suggests continued confidence in Salesforce's performance, but the lowered price target indicates some caution about its near-term growth prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100