Northland Lowers Salesforce Valuation After Earnings Report
Following its first-quarter earnings release, Northland analyst Nehal Chokshi reduced the price target for Salesforce (CRM) to $202 from $229 while maintaining a Market Perform rating. BMO Capital also lowered its price goal to $215 but kept an Outperform rating due to continued confidence in CRM's growth potential and valuation.
Tickers: $CRM
Topics: Earnings Report Salesforce Stock Valuation