JMP Securities Reiterates Market Outperform on Salesforce, Maintains $342 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Patrick Walravens has reiterated a Market Outperform rating for Salesforce (NYSE:CRM) and maintained a price target of $342.
August 28, 2024 | 2:37 pm
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JMP Securities has reiterated its Market Outperform rating for Salesforce, maintaining a price target of $342, indicating confidence in the company's future performance.
The reiteration of a Market Outperform rating and a high price target suggests that the analyst expects Salesforce to perform well in the market. This positive sentiment can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100