0902 ET - D.A. Davidson says Salesforce's challenges are appropriately priced in for a business seeing organic growth decelerate in its core business and mounting competitive pressure. That's prompting the investment bank to upgrade shares to neutral from underperform. Analysts Gil Luria and Clark Wright also say in a research note that activist investor Starboard's increased stake in the company may pressure management to refocus growth on the core business. The analysts maintain the $225 target price. Salesforce is up 1% to $236.50 premarket. (denny.jacob@wsj.com; @pennedbyden)
(END) Dow Jones Newswires
August 15, 2025 09:02 ET (13:02 GMT)
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