DA Davidson analyst Gil Luria lowered the firm’s price target on Salesforce (CRM) to $200 from $235 and keeps a Neutral rating on the shares after its Q4 results. Bulls were looking for early indicators to support the top line reacceleration story, but results this quarter were in-line with expectations with continued weakness in marketing and commerce offsetting strength in sales, service, and Agentforce, the analyst tells investors in a research note.
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