DA Davidson Lowers Price Target on Salesforce (CRM) After Q1 Results
Following its fiscal first-quarter results, DA Davidson reduced the price target for Salesforce Inc. (NYSE:CRM) to $175 from $200 while maintaining a Neutral rating. The firm noted that despite low expectations and strong initial performance, the updated guidance did not provide enough momentum for bullish sentiment in the second half of FY27.
Tickers: $CRM
Topics: DA Davidson Earnings Results Salesforce Stock Valuation