Salesforce has received a 'Neutral' rating from UBS, with a price target of $360, after announcing its latest quarterly results.
Analyst Karl Keirstead mentioned that the financial figures and outlook for the final quarter were in line with expectations, although Salesforce's industry peer, SAP, has expressed a more positive view on demand trends.
As of December 4, 2024, Salesforce shares are trading at $368.66, representing an 11.23% increase for the day. The stock has reached a year-high of $368.66 and a year-low of $212.00.
Trading activity is strong across various exchanges, with notable price increases on platforms like NYSE and Nasdaq, where shares are priced at $368.66 and $368.56, respectively. Other European exchanges also report significant gains, indicating a favorable market response to the company's performance.