BMO Capital Reiterates Buy on Salesforce Amid Strong Earnings

Salesforce has received a new Buy recommendation from BMO Capital analyst Keith Bachman. He reiterated his previous rating and set a price target of $230.00 for the technology giant.

Bachman, who covers the Technology sector, has a strong track record with an average return of 8.7% on his recommended stocks. His success rate is also impressive at 54.27%. He has previously covered companies like Dynatrace, Microsoft, and Cognizant.

However, not everyone agrees with Bachman's optimism about Salesforce. Bank of America Securities has reiterated a Sell rating on the company, which could indicate some market uncertainty.