Pre-Earnings Look At Struggling Salesforce Stock
Portfolio Pulse from
Salesforce (CRM) is set to report earnings on Dec. 3. Despite a price-target increase from Citigroup to $368, the stock is down 3.5%, trading at $331.32.
November 27, 2024 | 8:30 pm
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NEGATIVE IMPACT
Salesforce is preparing to report earnings on Dec. 3. Despite a Citigroup price-target increase to $368, the stock is down 3.5%, trading at $331.32.
The stock is down 3.5% despite a positive price-target revision from Citigroup, indicating investor concerns ahead of the earnings report. This suggests a negative short-term sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100