Morgan Stanley Boosts Salesforce Price Target to $235.00

Morgan Stanley increased its price target for Salesforce (NYSE:CRM) to $235.00, from an earlier estimate of $185.00.

The brokerage maintains a neutral 'equal weight' rating on CRM's stock and suggests a potential downside of just 0.02% from the current price.

Despite this minor adjustment, other analysts have been more optimistic about Salesforce's prospects, with some raising their own target prices in recent weeks.