Wolfe Research analyst Alex Zukin downgraded Salesforce to Peer Perform from Outperform. The anlayst says his thesis on the stock has changed with its growth "materially decelerating."
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on CRM:
- Salesforce Stock: Should You Buy the Dip?
- 5 Great Stocks to Gift Yourself This Holiday Season
- Big Moves in the Cloud: Quarterly Results Spur Bullish Software Sentiment
- Salesforce Stock (NYSE:CRM): Beware of the Silent Enemy, Stock-Based Compensation
- Salesforce price target lowered to $230 from $240 at Jefferies
