Deutsche Bank Maintains Buy on Salesforce, Lowers Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Brad Zelnick maintains a Buy rating on Salesforce (NYSE:CRM) but lowers the price target from $350 to $300.
May 30, 2024 | 5:42 pm
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Deutsche Bank analyst Brad Zelnick maintains a Buy rating on Salesforce but lowers the price target from $350 to $300.
The maintained Buy rating suggests continued confidence in Salesforce's long-term prospects, but the lowered price target indicates some caution regarding short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100