BMO Capital Maintains Outperform on Salesforce, Lowers Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman maintains an Outperform rating on Salesforce (NYSE:CRM) but lowers the price target from $335 to $265.

May 30, 2024 | 2:40 pm
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BMO Capital analyst Keith Bachman maintains an Outperform rating on Salesforce but lowers the price target from $335 to $265.
The Outperform rating suggests continued confidence in Salesforce's performance, but the lowered price target indicates a more cautious outlook on its short-term valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100