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Salesforce: Wedbush raises target price
(CercleFinance.com) - Wedbush confirms its "outperform" rating on Salesforce shares, raising its target price for them from $255 to $280, on the heels of a strong quarterly report from the CRM software company, both with expectations beaten and guidance raised.
"The company continues to see uplift from multi-cloud transformational deal momentum and its overall subscription business further proving strength in the Beltway putting the bears back in the cave for the remainder of the year," the broker says. Copyright (c) 2023 CercleFinance.com. All rights reserved. The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities. |
23/05/2025 17:40
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