BMO Capital Maintains Outperform on Salesforce, Raises Price Target to $305
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained an 'Outperform' rating on Salesforce and raised its price target from $265 to $305, indicating confidence in the company's future performance.
August 29, 2024 | 2:36 pm
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BMO Capital has increased its price target for Salesforce from $265 to $305, maintaining an 'Outperform' rating. This suggests a positive outlook for Salesforce's stock performance.
The increase in price target from $265 to $305 by BMO Capital, along with maintaining an 'Outperform' rating, indicates strong confidence in Salesforce's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100