tldrdailynews.com logo

"Wall Street's Top Software Picks: Morgan Stanley's Bullish Outlook on Salesforce (CRM)"

1 min read
Source: MarketWatch
"Wall Street's Top Software Picks: Morgan Stanley's Bullish Outlook on Salesforce (CRM)"
Photo: MarketWatch
TL;DR

Morgan Stanley's analyst Keith Weiss has reiterated Salesforce Inc. as his top software pick, projecting a 25% upside potential, driven by a rosier view of the company's long-term revenue-growth potential and standing in artificial intelligence. Weiss highlighted the potential for Wall Street sentiment shifts to drive Salesforce's multiple back in line with peers and noted the stock's strong support based on company fundamentals. He maintains an outperform rating with a $350 target price.

Topics:businessfinancestock-market#financestock-market#growth-potential#morgan-stanley#salesforce#software#stock-pick
Share this article
  1. Morgan Stanley’s new top software pick is a familiar winner  MarketWatch
  2. Salesforce a top pick at Morgan Stanley as valuation 'compelling' By Investing.com  Investing.com
  3. Here's Why Investors Should Add Salesforce (CRM) to Portfolio  Yahoo Finance
  4. Wall Street Bulls Look Optimistic About Salesforce.com (CRM): Should You Buy?  Yahoo Finance

Want the full story? Read the original reporting

Read on MarketWatch