Salesforce, Inc. (NYSE:CRM) is one of the best inexpensive stocks to invest in right now.
Salesforce, Inc. (NYSE:CRM) received a rating update from Citi on May 28, with the firm cutting the price target on the stock to $187 from $188 while maintaining a Neutral rating on the shares
Salesforce, Inc. (NYSE:CRM) also received a rating update from BMO Capital the same day. The firm lowered the price target on the stock to $215 from $225 and maintained an Outperform rating on the shares following the company’s fiscal Q1 results. The firm told investors in a research note that the results and guidance are not likely to be sufficient to convince either bears or bulls to switch sides, and that offer limited changes to FY27 top-line growth expectations.
In another development, DA Davidson cut the price target on Salesforce, Inc. (NYSE:CRM) to $175 from $200 on May 28, maintaining a Neutral rating on the shares and telling investors in a research note that the company’s fiscal Q1 earnings represent a strong start to the year. Salesforce, Inc. (NYSE:CRM) designs and develops cloud-based enterprise software for customer relationship management. Its solutions encompass customer service and support, sales force automation, digital commerce, marketing automation, collaboration, community management, industry-specific solutions, and Salesforce platforms.