Oppenheimer Maintains Outperform on Salesforce, Lowers Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Brian Schwartz maintains an Outperform rating on Salesforce (NYSE:CRM) but lowers the price target from $325 to $280.
May 30, 2024 | 12:52 pm
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NEUTRAL IMPACT
Oppenheimer's analyst Brian Schwartz maintains an Outperform rating on Salesforce but lowers the price target from $325 to $280.
The Outperform rating suggests continued confidence in Salesforce's performance, but the lowered price target indicates some caution about its short-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100