Macquarie took over coverage of Salesforce with an unchanged Outperform rating and $250 price target following a “solid beat-and-raise” fiscal Q2 report and “positive” updates at its AI-focused Dreamforce 2023 conference.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on CRM:
- Up 53% YTD, What’s Next for Salesforce Stock? (NASDAQ:CRM)
- Sprout Social initiated with an Overweight at Stephens
- Truist intrigued by Salesforce’s first hand generative AI use cases
- NVDA, ADBE, MSFT: 3 Companies Aiming to Make AI Safe
- Salesforce downgraded to Buy from Conviction Buy at Goldman Sachs
