BMO Capital raised the firm’s price target on Salesforce to $325 from $277 and keeps an Outperform rating on the shares. The firm believes that the company can grow double digits in FY25 revenue, projecting 10% y/y FY25 revenue growth and 130 basis points of margin expansion, the analyst tells investors in a research note. BMO added that price increases can modestly help with incremental growth in FY25.
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