Piper Sandler Upgrades Salesforce to Overweight, Raises Price Target to $325
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has upgraded Salesforce (NYSE:CRM) from Neutral to Overweight and increased its price target from $268 to $325, indicating a positive outlook for the company's stock.
September 24, 2024 | 9:10 am
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POSITIVE IMPACT
Piper Sandler has upgraded Salesforce from Neutral to Overweight and raised the price target to $325, suggesting a positive short-term outlook for the stock.
The upgrade from Neutral to Overweight by Piper Sandler, along with a significant increase in the price target, indicates strong confidence in Salesforce's future performance. This is likely to positively influence investor sentiment and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100