Raymond James Maintains Strong Buy on Salesforce, Raises Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Brian Peterson has maintained a Strong Buy rating on Salesforce (NYSE:CRM) and increased the price target from $325 to $350.
August 29, 2024 | 1:18 pm
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POSITIVE IMPACT
Raymond James has reaffirmed its Strong Buy rating on Salesforce and increased the price target to $350, indicating confidence in the company's future performance.
The increase in price target from $325 to $350 by Raymond James suggests a positive outlook on Salesforce's future performance. The Strong Buy rating indicates strong confidence from the analyst, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100