Salesforce Stock Upgraded by DA Davidson Analyst

Reported about 9 hours ago

Salesforce (CRM) shares are gaining attention after DA Davidson analyst Gil Loria upgraded them from Underperform to Neutral. He noted a decline in investor sentiment recently due to concerns over acquisition strategies and profit margins, though recent activism from Starboard, which has increased its stake by 47%, suggests potential changes including a focus on core business growth and margin expansion.

Source: YAHOO

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