TD Cowen Maintains Hold on Salesforce, Lowers Price Target to $285
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst J. Derrick Wood maintains a Hold rating on Salesforce (NYSE:CRM) and lowers the price target from $330 to $285.
May 30, 2024 | 6:38 pm
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TD Cowen analyst J. Derrick Wood maintains a Hold rating on Salesforce and lowers the price target from $330 to $285.
The lowered price target from $330 to $285 suggests a less optimistic outlook on Salesforce's stock performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100