Salesforce Price Target Raised to $295.00 Amid AI Growth Optimism
Salesforce (NYSE:CRM) has had its price target raised to $295.00 by equities research analysts at Freedom Broker, who now have a 'buy' rating on the CRM provider's stock.
This suggests a potential upside of 21.22% from Salesforce's current price of $243.35, which is down $7.18 during trading on Thursday.
Freedom Broker is not alone in its optimism about Salesforce's prospects, as several other analysts have also raised their price targets for the company.
Sanford C. Bernstein and Oppenheimer both reiterated 'outperform' ratings on Salesforce shares in recent reports, while HSBC boosted its price objective to $356.00 from $350.00.