Expert Outlook: Salesforce Through The Eyes Of 28 Analysts
Portfolio Pulse from Benzinga Insights
Over the past three months, 28 analysts have evaluated Salesforce (NYSE:CRM), with a majority showing bullish sentiment. The average 12-month price target has increased by 4.53% to $302.75. Analysts have maintained or raised their ratings, reflecting positive sentiment towards Salesforce's market position and financial health.
September 06, 2024 | 4:01 pm
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Salesforce has received predominantly bullish ratings from analysts, with an increase in the average price target to $302.75. This reflects positive sentiment towards its market position and financial health, despite some challenges in ROE and ROA.
The majority of analysts have given Salesforce a bullish rating, and the average price target has increased, indicating positive sentiment. This suggests a likely short-term positive impact on the stock price. However, challenges in ROE and ROA may temper long-term expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100