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Go back to U.S. stocks are rising as investors await Fed minutes

salesforce.com (CRM) cuts 'displays commitment to margin expansion' - Stifel

January 4, 2023 10:50 AM EST

Stifel analyst Parker Lane reiterated a Buy rating and $175.00 price target on salesforce.com (NYSE: CRM) after the company announced plans to cut 10% of its workforce. The analyst said the news "displays commitment to margin expansion" and "most likely a pull forward of the >25% non-GAAP operating margin target (FY26)".

The... More