UBS Maintains Neutral on Salesforce, Raises Price Target to $275
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Karl Keirstead maintains a Neutral rating on Salesforce (NYSE:CRM) but raises the price target from $250 to $275.
August 29, 2024 | 12:32 pm
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UBS analyst Karl Keirstead maintains a Neutral rating on Salesforce but raises the price target from $250 to $275, indicating a positive outlook on the stock's potential value.
The increase in price target from $250 to $275 suggests that UBS sees potential for Salesforce's stock to appreciate, which is a positive signal for investors. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the positive price target adjustment.
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IMPORTANCE 80
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