$Salesforce.com(CRM)$ Wedbush:-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Salesforce.com(CRM)$

Wedbush: Buy Salesforce Stock Post-Earnings Dip

They view the setback as minor within a broader growth trajectory. $CRM's April results and July guidance were below expectations, but the company maintained its FY25 guidance, showing confidence in meeting year-end goals despite longer sales cycles.

Wedbush sees Salesforce on track for higher growth, improved margins, and increased free cash flow.

They maintain an Outperform rating, with a price target reduced from $325 to $315, remaining optimistic, especially as the AI narrative develops.

"We would be buyers on weakness this morning as seeing the forest through the trees this is a turnaround in motion for a premier tech stalwart with a massive installed base led by one of the best CEOs in the global tech landscape in our view," said the firm.

DELL -20%! Is AIPC Dead?

DELL's revenue exceeded expectations, but adjusted operating profit fell short. Adjusted operating profit was $1.47 billion, while analysts expected $1.48 billion. ---------------- DELL is plummeting! Will we sell or hold? Is the AIPC concept dead?

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