{"id":4697,"date":"2023-08-31T23:02:54","date_gmt":"2023-08-31T23:02:54","guid":{"rendered":"https:\/\/prosfunds.com\/news\/salesforce-beats-on-top-and-bottom-lines-what-the-pros-are-saying-about-the-stock\/"},"modified":"2023-08-31T23:02:56","modified_gmt":"2023-08-31T23:02:56","slug":"salesforce-beats-on-top-and-bottom-lines-what-the-pros-are-saying-about-the-stock","status":"publish","type":"post","link":"https:\/\/prosfunds.com\/?p=4697","title":{"rendered":"Salesforce beats on top and bottom lines. What the pros are saying about the stock"},"content":{"rendered":"<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Market Movers rounded up the latest reactions on Salesforce from investors and analysts. The pros discussed the software company&#8217;s latest quarterly results , which were released after the closing bell Wednesday. Salesforce reported better-than-expected earnings and revenue. The company also raised its guidance for the full year. Goldman Sachs analyst Kash Rangan raised his price target by $15 to $340 per share , implying the stock having upside of 58%. Salesforce CEO Marc Benioff said he sees potential ahead via artificial intelligence. &#8220;We&#8217;re leading our customers into the new AI era,&#8221; he said in a statement. The stock is currently held in Jim Cramer&#8217;s Charitable Trust portfolio.<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.cnbc.com\/2023\/08\/31\/salesforce-beats-on-top-and-bottom-lines-what-the-pros-say-to-do-next.html\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market Movers rounded up the latest reactions on Salesforce from investors and analysts. The pros discussed the software company&#8217;s latest quarterly results , which were released after the closing bell Wednesday. Salesforce reported better-than-expected earnings and revenue. The company also raised its guidance for the full year. Goldman Sachs analyst Kash Rangan raised his price [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4698,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[38],"tags":[],"class_list":{"0":"post-4697","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Salesforce beats on top and bottom lines. What the pros are saying about the stock | Prosfunds<\/title>\n<meta name=\"description\" content=\"Market Movers rounded up the latest reactions on Salesforce from investors and analysts. 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