Salesforce: Wedbush buying ahead of quarterly results
(CercleFinance.com) - Wedbush confirms its 'outperform' rating on Salesforce shares, along with its $375 target price, as the CRM software company remains one of its best picks in tech heading into 2025.
The broker expects it to unveil strong quarterly and cloud outlooks on Tuesday evening, pointing to more customers seeing high use cases across the group's portfolio.
Wedbush also continues to find the risk/reward ratio very compelling at current levels, while the Agentforce strategy is set to unfold over the next few years, and the installed base opportunity remains under-appreciated by the market.
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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.
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.
The broker expects it to unveil strong quarterly and cloud outlooks on Tuesday evening, pointing to more customers seeing high use cases across the group's portfolio.
Wedbush also continues to find the risk/reward ratio very compelling at current levels, while the Agentforce strategy is set to unfold over the next few years, and the installed base opportunity remains under-appreciated by the market.
Copyright (c) 2024 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.
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.