Erste Group Downgrades Salesforce to Hold
Portfolio Pulse from Benzinga Newsdesk
Erste Group analyst Hans Engel has downgraded Salesforce (NYSE:CRM) from a Buy to a Hold rating.
September 11, 2024 | 5:48 pm
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NEGATIVE IMPACT
Erste Group analyst Hans Engel downgraded Salesforce from Buy to Hold, indicating a more cautious outlook on the stock.
The downgrade from Buy to Hold by Erste Group suggests a less optimistic view on Salesforce's short-term performance, which could lead to a negative impact on its stock price as investors may adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100