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Evercore Stands Firm on Salesforce Buy Rating

Guavy AI Editorial Team
Instruments
CRM
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Evercore analyst Kirk Materne has reaffirmed his buy rating for Salesforce (CRM.US), maintaining its target price at $250. This move is significant given the analyst's impressive track record, with a success rate of 56% and an average return of 7.7% over the past year.

Materne's bullish stance on Salesforce comes despite some fluctuations in the stock's performance. However, his confidence in the company's prospects is reflected in his target price, which remains unchanged at $250.

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