Macquarie Maintains Outperform on Salesforce, Lowers Price Target to $275
Portfolio Pulse from Benzinga Newsdesk
Macquarie analyst Frederick Havemeyer maintains an Outperform rating on Salesforce (NYSE:CRM) but lowers the price target from $330 to $275.

May 31, 2024 | 6:30 pm
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Macquarie analyst Frederick Havemeyer maintains an Outperform rating on Salesforce but lowers the price target from $330 to $275.
The Outperform rating suggests continued confidence in Salesforce's performance, but the lowered price target indicates a more cautious outlook on its short-term valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100