Buy Salesforce as cloud company goes down the 'Microsoft pathway,' Macquarie says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The cloud software company got an outperform rating from Macquarie and a $210 price target, which represents upside of 28.8%.

Salesforce could be a big winner going forward, according to Macquarie. The cloud software company got an outperform rating from the firm and a $210 price target, which represents upside of 28.8%, after an analyst coverage transfer. Analyst Sarah Hindlian-Bowler said the company is less likely to be hit by global macro headwinds while entering a period of "graceful maturation.

Last year, Bret Taylor took over as co-CEO alongside Marc Benioff . Hindlian-Bowler also said that Salesforce is already a leader in customer relationship management with its 360 platform, she said, which has the draw of having an all-inclusive experience for companies looking to digitally transform. Within the next two years, she said there is potential for Salesforce's products to consolidate in a "suite" like Microsoft did.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Sell sell sell 😂

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Microsoft Backs Wemade's Blockchain Push in $46 Million Investment Round – Blockchain Bitcoin NewsMicrosoft, the software giant, has made a $14.8 million investment in Wemade, a Korea-based blockchain gaming services company. ChiefraFba gives the most accurate signals and analysis in my experience Ok cool, I have recently started using ChiefraFba for signals, his accuracy is INSANE! 🚀Thnkss a millonn
La source: BTCTN - 🏆 531. / 51 Lire la suite »