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Salesforce price target raised to $300 from $275 at Stifel

Stifel analyst J. Parker Lane raised the firm’s price target on Salesforce to $300 from $275 and keeps a Buy rating on the shares. Salesforce seems to be navigating well through the tougher macro, particularly upmarket, and the firm sees a strong opportunity for continued Data Cloud, Mulesoft, and Einstein adoption, the analyst tells investors in a post-earnings note.

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