TD Cowen Maintains Hold on Salesforce, Raises Price Target to $290
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst J. Derrick Wood maintains a Hold rating on Salesforce (NYSE:CRM) and raises the price target from $285 to $290.
August 29, 2024 | 4:01 pm
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TD Cowen analyst J. Derrick Wood maintains a Hold rating on Salesforce and raises the price target from $285 to $290, indicating a slightly positive outlook.
The analyst's decision to raise the price target suggests a slightly more optimistic view on Salesforce's future performance, which could lead to a minor positive impact on the stock price. However, the Hold rating indicates no strong buy signal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100