Phillip Securities Downgrades Salesforce to Accumulate, Announces $305 Price Target
Portfolio Pulse from Benzinga Newsdesk
Phillip Securities has downgraded Salesforce from Buy to Accumulate, setting a price target of $305.
August 30, 2024 | 4:37 pm
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Phillip Securities has downgraded Salesforce from Buy to Accumulate, with a new price target of $305.
The downgrade from Buy to Accumulate suggests a less bullish outlook on Salesforce's stock, which could lead to a short-term negative impact on its stock price. The $305 price target provides a specific valuation expectation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100