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Barchart
Wajeeh Khan

Guggenheim Just Upgraded Salesforce Stock. Here's Why.

Salesforce Guggenheim Stock John Difucci CRM

Salesforce (CRM) stock is extending gains on Wednesday after Guggenheim analysts led by John DiFucci said it offers a favorable risk-reward at current levels.

On July 1, DiFucci upgraded the Software-as-a-Service (SaaS) company to “Buy,” and announced a bullish $228 price target, which signals potential upside of about 40% from here.

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