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Argus Lifts Salesforce Price Target to $300.00

Guavy AI Editorial Team
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CRM
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Salesforce's stock price has been given a boost by equities researchers at Argus, who have lifted their price target from $290.00 to $300.00.

This indicates a potential upside of 16.91% for the CRM provider's stock, which currently has a 'buy' rating.

The firm's updated forecast is based on Salesforce's recent earnings report, in which the company beat analyst estimates with $5.90 EPS and revenue growth of 10.8% year-over-year.

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