Bearish
Morgan Stanley downgrades Salesforce (CRM) to Equal Weight, lowers target to $185.
Morgan Stanley downgraded Salesforce's stock rating from Overweight to Equal Weight, citing concerns over the company's growth trajectory. The firm also reduced its price target to $185, reflecting a more cautious outlook on Salesforce's near-term performance.
Key points
- Morgan Stanley downgrades Salesforce to Equal Weight, lowers target to $185.
- Analyst sentiment remains mixed, with some firms maintaining positive outlooks.
- Salesforce's fundamentals remain solid, with recent earnings exceeding estimates.
Sources
AI-generated from public news sources. Not financial advice.
