Grab and Salesforce Receive Bullish Sentiments from Analysts

Analysts have weighed in on two technology companies, Grab (GRAB) and Salesforce (CRM), with bullish sentiments. According to a report by TipRanks, Barclays analyst Jiong Shao maintained a Buy rating on Grab yesterday with a price target of $5.00.

The company's shares closed last Tuesday at $2.91, and Shao's analysis suggests there is potential for growth. With an average return of 3.7% and a success rate of 42.0%, Shao is considered a 4-star analyst who covers the Technology sector.

Grab has an analyst consensus of Strong Buy, with a price target consensus of $5.65, implying an 83.4% upside from current levels. DBS also maintained a Buy rating on the stock with a $5.93 price target.

In another report, Raimo Lenschow from Barclays maintained a Buy rating on Salesforce (CRM) with a price target of $276.00. The company's shares closed last Tuesday at $255.65.

Salesforce has an analyst consensus of Moderate Buy, with a price target consensus of $267.54, representing a 4.1% upside from current levels. J.P. Morgan also maintained a Buy rating on the stock with a $265.00 price target.