Piper Sandler Maintains Neutral on Salesforce, Raises Price Target to $268
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin maintains a Neutral rating on Salesforce (NYSE:CRM) but raises the price target from $250 to $268.

August 29, 2024 | 2:19 pm
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POSITIVE IMPACT
Piper Sandler has maintained a Neutral rating on Salesforce but increased the price target from $250 to $268, indicating a positive outlook on the stock's potential.
The increase in price target from $250 to $268 suggests that the analyst sees potential for Salesforce's stock to appreciate, despite maintaining a Neutral rating. This could lead to a positive short-term impact on the stock price as investors may interpret the raised target as a sign of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100