Salesforce Stock Boost: What's Really Happening?
Salesforce Inc (NYSE:CRM) shares rose 2.87% to $227.92, driven by a broader market rally, with the S&P 500 up 0.8%. Despite this, the stock remains under pressure, trading 10.1% below its 20-day moving average and down 31.7% over the past year. Analysts maintain a Buy rating with an average target of $325.04, though the stock's momentum is weak, indicated by an RSI of 26.01. The Benzinga Edge scorecard shows strong growth potential but warns of current underperformance, suggesting caution for investors.
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