Truist analyst Terry Tillman lowered the firm’s price target on Salesforce to $210 from $240 and keeps a Buy rating on the shares. The company’s Q3 results were "solid" with double-digit topline and bottom-line growth, though currency headwinds continue to significantly impact results, the analyst tells investors in a research note. Tillman adds that Salesforce remains committed to driving profitability in the long term while continuing to return value to shareholders.
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Published first on TheFly
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