Salesforce Maintained at Buy by TD Cowen, Target Cut to $240

Author: David Caldwell…

Salesforce Maintained at Buy by TD Cowen, Target Cut to $240

TD Cowen has reiterated its Buy rating on Salesforce (CRM) while lowering the price target from $250 to $240 per share. The adjustment reflects updated analyst expectations.

Price Target Revision

The new target of $240 represents a 4% decrease from the previous estimate. Analysts cite market conditions and company performance as key factors.

Market Reaction

Following the announcement, Salesforce shares showed limited movement. Investors continue to monitor the company's financial health and competitive position.

Impacted Symbols

Symbols affected by this headline and their sentiment signals

CRMPositive

Salesforce, Inc.

Maintaining a Buy rating is positive, but the price target cut introduces some negativity. Net impact is moderate.

Impact score60%

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