Jefferies Maintains Buy on Salesforce, Lowers Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Brent Thill maintains a Buy rating on Salesforce (NYSE:CRM) but lowers the price target from $360 to $350.

May 30, 2024 | 6:39 pm
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Jefferies analyst Brent Thill maintains a Buy rating on Salesforce but lowers the price target from $360 to $350.
The Buy rating suggests continued confidence in Salesforce's performance, but the lowered price target indicates a slight reduction in expected upside. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100