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

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.

Sell sell sell 😂

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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
Source: BTCTN - 🏆 531. / 51 Read more »