Oppenheimer Maintains Outperform on Salesforce, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Brian Schwartz has maintained an 'Outperform' rating on Salesforce (NYSE:CRM) and raised the price target from $280 to $300.
August 29, 2024 | 1:00 pm
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Oppenheimer has reaffirmed its 'Outperform' rating on Salesforce and increased the price target to $300, indicating confidence in the company's future performance.
The increase in price target from $280 to $300 by Oppenheimer suggests a positive outlook on Salesforce's future performance. This is likely to boost investor confidence and could lead to a short-term increase in CRM's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100