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Salesforce: price target raised at Wedbush
(CercleFinance.com) - Wedbush reaffirms its 'outperform' rating on Salesforce, with a price target raised from $255 to $280, on the heels of a strong quarterly report from the CRM software company, with expectations beaten and guidance raised.
The company continues to see potential from the momentum of transformative multicloud agreements, and its subscription business as a whole continues to show strength, driving sellers of the stock back into their caves for the rest of the year", the broker believes. Copyright (c) 2023 CercleFinance.com. All rights reserved. The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy. |
23/05/2025 17:40
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