salesforce.com (CRM) PT Raised to $182 at Citi

Go back to salesforce.com (CRM) PT Raised to $182 at Citi

Stifel adjusts estimates on Salesforce (CRM) as investors welcome activist involvement

February 17, 2023 12:16 PM EST

(Updated - February 17, 2023 12:35 PM EST)

UPDATE: Updated to correct ratings change.

Stifel reiterated a Buy rating on Salesforce (NYSE: CRM) and raised the price target on the stock to $200.00 (From $175.00) after adjusting estimates to reflect slowing growth and expanding margins. Stifels expectation is that management will eventually revisit the timeline for achieving $50bn in total revenue and that recent layoffs and real estate rationalization will meaningfully pull forward the timeline for achieving 25% non-GAAP operating... More

Salesforce (CRM) dips as Citi opens a near-term downside catalyst watch

February 17, 2023 8:42 AM EST

Citi analyst Tyler Radke opened a downside 30-day catalyst watch on Salesforce (NYSE: CRM) stock today as it trades about 27% higher year-to-date (YTD). The analyst rates CRM stock as Neutral with a $182 per share price target (up from the prior $164).

Shares... More

Citi Opens Negative Catalyst Watch on salesforce.com (CRM)

February 17, 2023 6:43 AM EST

Citi analyst Tyler Radke reiterated a Neutral rating and $182.00 price target on salesforce.com (NYSE: CRM).

The analyst comments "Shares have had a nice run +27% YTD on positive headlines from cost cuts and activist involvement, potentially leaving conditions ripe for a... More

salesforce.com (CRM) PT Raised to $200 at Evercore ISI

February 15, 2023 5:00 AM EST

Evercore ISI analyst Kirk Materne raised the price target on salesforce.com (NYSE: CRM) to $200.00 (from $175.00) while maintaining a Outperform rating.... More