Wells Fargo raised the firm’s price target on Salesforce (CRM) to $275 from $255 and keeps an Equal Weight rating on the shares. The firm notes that against a lowered bar given mixed results across enterprise and Informatica (INFA) deal timing, Q1 results were fine and FY26 cc guide across-the-board was unchanged. Wells still expects shares to trade sideways in uneven macro and Informatica pending until FY27.
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