Barclays Maintains Overweight on Salesforce, Lowers Price Target to $305
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Overweight rating on Salesforce (NYSE:CRM) but lowers the price target from $355 to $305.
May 30, 2024 | 7:32 pm
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NEUTRAL IMPACT
Barclays analyst Raimo Lenschow maintains an Overweight rating on Salesforce but lowers the price target from $355 to $305.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns about future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100