Form 4 Salesforce, Inc. For: Jan 17 Filed by: Benioff Marc

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Go back to Form 4 Salesforce, Inc. For: Jan 17 Filed by: Benioff Marc

Salesforce (CRM) a top pick at Morgan Stanley as valuation 'compelling'

January 22, 2024 9:21 AM EST

Salesforce (NYSE: CRM) shares are up around 1% after the company was designated a top pick at Morgan Stanley on Monday, with analysts at the bank flagging the company's solid risk/reward.

The firm, which already has an Overweight rating and a $350... More

Morgan Stanley Calls salesforce.com (CRM) a Top Pick

January 22, 2024 4:32 AM EST

Morgan Stanley analyst Keith Weiss reiterated an Overweight rating and $350.00 price target on salesforce.com (NYSE: CRM).

The analyst comments "Rapid margin expansion drove EPS revisions in CY23, keeping CRM at an attractive multiple. In CY24, raising investor expectations for durable top-line growth... More