{"id":43562,"date":"2023-11-30T20:14:59","date_gmt":"2023-11-30T20:14:59","guid":{"rendered":"https:\/?p=43562"},"modified":"2023-11-30T20:19:27","modified_gmt":"2023-11-30T20:19:27","slug":"saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings","status":"publish","type":"post","link":"https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/","title":{"rendered":"Saleforce Inc. (CRM:NYE) 10 Analysts Raise target forecasts after Earnings"},"content":{"rendered":"<h2>Analyst Ratings Coverage<\/h2>\n<p>BMO Capital Markets reiterated an &#8220;Outperform&#8221; rating for <a href=\"https:\/\/www.stocktargetadvisor.com\/stock\/USA\/NYE\/CRM\/analyst-rating\">Salesforce<\/a>, raising the target price from USD 252 to USD 277 on 11\/30\/2023. The optimism is based on their positive assessment of Salesforce&#8217;s performance.<\/p>\n<p>Wedbush Securities maintained an &#8220;Outperform&#8221; rating and increased the target price from USD 255 to USD 280 on the same date, showcasing confidence in Salesforce&#8217;s future prospects.<\/p>\n<p>Morgan Stanley &amp; Co. opted for an &#8220;Equal-Weight&#8221; rating but raised the target price from USD 278 to USD 290 on 11\/30\/2023, indicating a cautious optimism about Salesforce&#8217;s performance.<\/p>\n<p>Oppenheimer &amp; Co. reiterated an &#8220;Outperform&#8221; rating and raised the target price from USD 250 to USD 275, expressing continued confidence in Salesforce&#8217;s outlook.<\/p>\n<p>Needham &amp; Company maintained a positive stance, reiterating a &#8220;Buy&#8221; rating, and raised the target price from USD 250 to USD 275, reflecting a favorable view of Salesforce&#8217;s growth potential.<\/p>\n<p>Wells Fargo &amp; Company kept an &#8220;Overweight&#8221; rating, raised the target price from USD 265 to USD 280 on 11\/30\/2023, indicating confidence in Salesforce&#8217;s performance.<\/p>\n<p>JMP Securities expressed a positive market outlook, maintaining a &#8220;Market Outperform&#8221; rating, and raising the target price from USD 275 to USD 293.<\/p>\n<p>RBC reaffirmed their positive outlook with an &#8220;Outperform&#8221; rating, increasing the target price from USD 240 to USD 285.<\/p>\n<p>Bank of America Merrill Lynch maintained a &#8220;Buy&#8221; rating, raised the target price from USD 280 to USD 300, reflecting a bullish perspective and heightened confidence in Salesforce&#8217;s growth.<\/p>\n<p>Piper Jaffray Companies maintained a more neutral stance with a &#8220;Neutral&#8221; rating, raising the target price from USD 232 to USD 266 on 11\/30\/2023.<\/p>\n<p><!-- STA Widget BEGIN --><\/p>\n<div>\n<div class=\"sta-analyst-rating-widget-display\">\n<p><a style=\"text-decoration: none; color: #4b6db5 !important;\" href=\"https:\/\/www.stocktargetadvisor.com\/stock\/USA\/NYE\/CRM\" target=\"_blank\" rel=\"noopener\">CRM Ratings<\/a> by Stock Target Advisor<\/p>\n<\/div>\n<p><script class=\"analyst-rating\" type=\"text\/javascript\" src=\"https:\/\/www.stocktargetadvisor.com\/assets\/js\/analyst_rating_widget.js\" data-symbol=\"CRM\" data-theme=\"wt_bg_light\" data-uid=\"2298915346568ed6b0c65c6568ed6b0c65d\" data-width=\"900\" >\n\t\t<\/script><\/p>\n<\/div>\n<h2>Salesforce Stock Analysis<\/h2>\n<p>The Salesforce.com Inc stock forecast, as evaluated by 32 analysts, suggests an average target price of USD 253.41 over the next 12 months. This consensus reflects a positive sentiment among analysts regarding the company&#8217;s future performance. Additionally, the average analyst rating for Salesforce.com Inc is categorized as &#8220;Strong Buy,&#8221; indicating a high level of confidence in the stock&#8217;s potential growth.<\/p>\n<p><a href=\"https:\/\/www.stocktargetadvisor.com\/\">Stock Target Advisor<\/a>, after conducting its own analysis, characterizes Salesforce.com Inc&#8217;s stock as &#8220;Slightly Bullish.&#8221; This assessment is based on 5 positive signals and 3 negative signals identified by the analysis. The combination of positive and negative indicators contributes to a nuanced outlook that leans towards bullish sentiment but acknowledges certain factors that may warrant caution.<\/p>\n<p>As of the last closing, Salesforce.com Inc&#8217;s stock price stood at USD 230.35. Notably, the stock has experienced positive momentum in recent periods, with a change of +2.91% over the past week, +17.18% over the past month, and a substantial +51.87% increase over the last year. These figures underscore the stock&#8217;s upward trajectory and suggest a favorable market response to Salesforce.com Inc&#8217;s performance.+<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Analyst Ratings Coverage BMO Capital Markets reiterated an &#8220;Outperform&#8221; rating for Salesforce, raising the target price from USD 252 to USD 277 on 11\/30\/2023. The&#8230;<\/p>\n","protected":false},"author":9,"featured_media":24620,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-43562","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-blog","post_format-post-format-image"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.4 (Yoast SEO v21.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Saleforce Inc. (CRM:NYE) 10 Analysts Raise target forecasts after Earnings | Stock Target Advisor<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saleforce Inc. (CRM:NYE) 10 Analysts Raise target forecasts after Earnings\" \/>\n<meta property=\"og:description\" content=\"Analyst Ratings Coverage BMO Capital Markets reiterated an &#8220;Outperform&#8221; rating for Salesforce, raising the target price from USD 252 to USD 277 on 11\/30\/2023. The...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/\" \/>\n<meta property=\"og:site_name\" content=\"Stock Target Advisor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/StockTargetAdvisor\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-30T20:14:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-30T20:19:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.stocktargetadvisor.com\/blog\/wp-content\/uploads\/2022\/12\/StockTargetAdvisor-Frame-10.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gillian Lawrence\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AdvisorTarget\" \/>\n<meta name=\"twitter:site\" content=\"@AdvisorTarget\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gillian Lawrence\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/\"},\"author\":{\"name\":\"Gillian Lawrence\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/66cdc3f25fec9be2b72d3a239e22a042\"},\"headline\":\"Saleforce Inc. (CRM:NYE) 10 Analysts Raise target forecasts after Earnings\",\"datePublished\":\"2023-11-30T20:14:59+00:00\",\"dateModified\":\"2023-11-30T20:19:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/\"},\"wordCount\":435,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#organization\"},\"articleSection\":[\"Market News &amp; Insights\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/\",\"name\":\"Saleforce Inc. (CRM:NYE) 10 Analysts Raise target forecasts after Earnings | Stock Target Advisor\",\"isPartOf\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#website\"},\"datePublished\":\"2023-11-30T20:14:59+00:00\",\"dateModified\":\"2023-11-30T20:19:27+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.stocktargetadvisor.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Saleforce Inc. (CRM:NYE) 10 Analysts Raise target forecasts after Earnings\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#website\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/\",\"name\":\"Stock Target Advisor\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.stocktargetadvisor.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#organization\",\"name\":\"Stock Target Advisor\",\"alternateName\":\"STA\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg\",\"contentUrl\":\"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg\",\"width\":\"225\",\"height\":\"225\",\"caption\":\"Stock Target Advisor\"},\"image\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/StockTargetAdvisor\/\",\"https:\/\/twitter.com\/AdvisorTarget\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/66cdc3f25fec9be2b72d3a239e22a042\",\"name\":\"Gillian Lawrence\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e92fa1f008ae846a29005f505df282c15c605fa5d113c17301039fd5479cb09a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e92fa1f008ae846a29005f505df282c15c605fa5d113c17301039fd5479cb09a?s=96&d=mm&r=g\",\"caption\":\"Gillian Lawrence\"},\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/author\/gillian-lawrence\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Saleforce Inc. (CRM:NYE) 10 Analysts Raise target forecasts after Earnings | Stock Target Advisor","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/","og_locale":"en_US","og_type":"article","og_title":"Saleforce Inc. (CRM:NYE) 10 Analysts Raise target forecasts after Earnings","og_description":"Analyst Ratings Coverage BMO Capital Markets reiterated an &#8220;Outperform&#8221; rating for Salesforce, raising the target price from USD 252 to USD 277 on 11\/30\/2023. The...","og_url":"https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/","og_site_name":"Stock Target Advisor","article_publisher":"https:\/\/www.facebook.com\/StockTargetAdvisor\/","article_published_time":"2023-11-30T20:14:59+00:00","article_modified_time":"2023-11-30T20:19:27+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-content\/uploads\/2022\/12\/StockTargetAdvisor-Frame-10.jpg","type":"image\/jpeg"}],"author":"Gillian Lawrence","twitter_card":"summary_large_image","twitter_creator":"@AdvisorTarget","twitter_site":"@AdvisorTarget","twitter_misc":{"Written by":"Gillian Lawrence","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/#article","isPartOf":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/"},"author":{"name":"Gillian Lawrence","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/66cdc3f25fec9be2b72d3a239e22a042"},"headline":"Saleforce Inc. (CRM:NYE) 10 Analysts Raise target forecasts after Earnings","datePublished":"2023-11-30T20:14:59+00:00","dateModified":"2023-11-30T20:19:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/"},"wordCount":435,"commentCount":0,"publisher":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#organization"},"articleSection":["Market News &amp; Insights"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/","url":"https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/","name":"Saleforce Inc. (CRM:NYE) 10 Analysts Raise target forecasts after Earnings | Stock Target Advisor","isPartOf":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#website"},"datePublished":"2023-11-30T20:14:59+00:00","dateModified":"2023-11-30T20:19:27+00:00","breadcrumb":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/saleforce-inc-crmnye-10-analysts-raise-target-forecasts-after-earnings\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.stocktargetadvisor.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Saleforce Inc. (CRM:NYE) 10 Analysts Raise target forecasts after Earnings"}]},{"@type":"WebSite","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#website","url":"https:\/\/www.stocktargetadvisor.com\/blog\/","name":"Stock Target Advisor","description":"","publisher":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.stocktargetadvisor.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#organization","name":"Stock Target Advisor","alternateName":"STA","url":"https:\/\/www.stocktargetadvisor.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/","url":"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg","contentUrl":"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg","width":"225","height":"225","caption":"Stock Target Advisor"},"image":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/StockTargetAdvisor\/","https:\/\/twitter.com\/AdvisorTarget"]},{"@type":"Person","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/66cdc3f25fec9be2b72d3a239e22a042","name":"Gillian Lawrence","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e92fa1f008ae846a29005f505df282c15c605fa5d113c17301039fd5479cb09a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e92fa1f008ae846a29005f505df282c15c605fa5d113c17301039fd5479cb09a?s=96&d=mm&r=g","caption":"Gillian Lawrence"},"url":"https:\/\/www.stocktargetadvisor.com\/blog\/author\/gillian-lawrence\/"}]}},"_links":{"self":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts\/43562","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/comments?post=43562"}],"version-history":[{"count":3,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts\/43562\/revisions"}],"predecessor-version":[{"id":43566,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts\/43562\/revisions\/43566"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/media\/24620"}],"wp:attachment":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/media?parent=43562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/categories?post=43562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/tags?post=43562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}