Starboard Value Says Believe Salesforce Can Generate More Than $20 Of Free Cash Flow Per Share In FY28
Portfolio Pulse from Benzinga Newsdesk
Starboard Value has expressed confidence in Salesforce's ability to generate over $20 of free cash flow per share by fiscal year 2028. This projection was shared in a presentation at the Active-Passive Investor Summit.
October 22, 2024 | 1:07 pm
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Starboard Value believes Salesforce can achieve more than $20 of free cash flow per share by FY28, indicating strong future financial performance.
Starboard Value's projection of Salesforce generating over $20 of free cash flow per share by FY28 suggests strong future financial performance. This positive outlook is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100