Wells Fargo analyst Michael Turrin raised the firm’s price target on Salesforce to $290 from $280 and keeps an Equal Weight rating on the shares. With expectations moving up for Salesforce, the firm thinks the setup into 2025 is becoming more difficult. Recent partner feedback was more mixed and Salesforce’s data/AI story is more likely a current year 2025 than fiscal year 2025 contributor, Wells adds.
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