Stifel Maintains Buy on Salesforce, Raises Price Target to $320
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Parker Lane maintains a Buy rating on Salesforce and raises the price target from $300 to $320.
August 29, 2024 | 2:58 pm
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POSITIVE IMPACT
Stifel analyst Parker Lane has reiterated a Buy rating for Salesforce and increased the price target from $300 to $320, indicating confidence in the company's future performance.
The increase in price target from $300 to $320 by Stifel 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