Salesforce Rallies As Investors Bet On Refocus And Margin Expansion

Salesforce CRM shares climbed Friday as renewed investor optimism signaled a potential turning point for the software giant, which has faced slowing growth, rising competition, and mounting pressure to refocus on its core cloud business.DA Davidson analyst Gil Luria upgraded Salesforce CRM from Underperform to Neutral with a price forecast of $225 on Friday.Luria upgraded Salesforce to Neutral from Underperform but kept his $225 price forecast, valuing the company at 18.5x his updated fiscal 2027 EPS estima ...