Truist Securities Reiterates Buy on Salesforce, Raises Price Target to $315
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has reiterated its Buy rating on Salesforce and increased the price target from $300 to $315, indicating confidence in the company's future performance.
September 19, 2024 | 4:33 pm
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Truist Securities has reiterated its Buy rating on Salesforce and raised the price target from $300 to $315, suggesting a positive outlook for the company's stock.
The reiteration of a Buy rating and an increased price target from a reputable analyst firm like Truist Securities is likely to boost investor confidence in Salesforce. This could lead to a positive short-term impact on the stock price as investors may view the raised target as a sign of expected growth and stability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100