Salesforce (CRM) Declares $0.40 Quarterly Dividend; 0.7% Yield

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Go back to Salesforce (CRM) Declares $0.40 Quarterly Dividend; 0.7% Yield

Deutsche Bank Reiterates Buy Rating on salesforce.com (CRM)

September 6, 2024 5:23 AM EDT

Deutsche Bank analyst Brad Zelnick reiterated a Buy rating and $325.00 price target on salesforce.com (NYSE: CRM).

The analyst comments "Salesforce announced a deal to acquire the Own Company, a provider of data protection and data management solutions for $1.9bn in cash, net of Salesforce's 10% current ownership (implies $2.1bn total deal consideration). We see sound industrial logic behind the... More