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Salesforce price target raised to $181 from $150 at Northland

Northland analyst Nehal Chokshi raised the firm’s price target on Salesforce to $181 from $150 and keeps a Market Perform rating on the shares. The company’s FY24 bottom-line guidance was "materially better-than-expected," but the firm remains on sidelines given its view that Salesforce is positioning as a "system-of-engagement vendor, rather than a next-gen system of intelligence player."

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Published first on TheFly

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