Salesforce Ratings Revised
Key points:
- Salesforce price target lowered to $275 by Macquarie
- Salesforce upgraded to buy by ARC Independent
Macquarie has revised its price target for Salesforce from $330 to $275, maintaining an outperform rating. In a separate development, ARC Independent has upgraded Salesforce from a hold to a buy rating, setting a price target of $285. Salesforce has an average outperform rating with price targets ranging from $230 to $390 according to data from analysts polled by Capital IQ.