Bernstein Maintains Underperform on Salesforce, Raises Price Target to $234
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Mark Moerdler maintains an Underperform rating on Salesforce (NYSE:CRM) but raises the price target from $231 to $234.
May 30, 2024 | 6:04 pm
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NEUTRAL IMPACT
Bernstein analyst Mark Moerdler maintains an Underperform rating on Salesforce but raises the price target from $231 to $234.
The Underperform rating suggests a bearish outlook, but the slight increase in the price target indicates some positive adjustments in the valuation. Overall, the impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100