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Salesforce Stock Surges 4.7%, Analysts Remain Bullish

Guavy AI Editorial Team
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Salesforce's stock price rose 4.7% on Monday to $259.29, with 12.87 million shares traded.

The company has been subject to various research reports from analysts, including Cantor Fitzgerald, which increased its target price for Salesforce to $300 and maintained an 'overweight' rating.

Despite being overbought, the firm's rally may not be over yet, according to some analysts. The stock currently has a Moderate Buy rating among analysts and an average target price of $267.12.

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