Form ARS Salesforce, Inc. For: Jan 31
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Goldman Sachs Reiterates Buy Rating on salesforce.com (CRM)
May 20, 2024 5:19 AM EDTGoldman Sachs analyst Kash Rangan reiterated a Buy rating and $345.00 price target on salesforce.com (NYSE: CRM)
The analyst comments "We reiterate our Buy rating and 12-month PT of $345 ahead of Salesforces F1Q25 earnings, expected on 5/29. Heading into the print, we expect revenue +11% yoy, cRPO +10% yoy, non-GAAP operating margins of 32% (in-line with expectations), and non-GAAP EPS of $2.29 (vs consensus of $2.24). We feel comfortable with these... More
Morgan Stanley Reiterates Overweight Rating on salesforce.com (CRM)
May 17, 2024 4:44 AM EDTMorgan Stanley analyst Keith Weiss reiterated an Overweight rating and $350.00 price target on salesforce.com (NYSE: CRM).
The analyst comments "Checks point to stable demand but Q1 seasonality, weak prints from front-office peers & FX should temper expectations into the print. Near-term caution is offset... More
