DA Davidson Downgrades salesforce.com (CRM) to Underperform

April 21, 2025 6:09 AM UTC
Get Alerts CRM Hot Sheet
Price: $202.11 +0.36%

Rating Summary:
    51 Buy, 19 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
Join SI Premium – FREE
(Updated - April 21, 2025 6:09 AM EDT)

DA Davidson analyst Gil Luria downgraded salesforce.com (NYSE: CRM) from Neutral to Underperform, PT $200.00.

The analyst comments "We believe Salesforce is neglecting its core business in an effort to pursue a premature AI opportunity, changing the nature of the company enough for us to downgrade to UNDERPERFORM from Neutral, reduce our PT to $200, and remove it from our Best-of-Breed Bison list. We expect the catalyst for underperformance will be further deceleration in the organic growth of the non Data/AI clouds."

For an analyst ratings summary and ratings history on salesforce.com click here. For more ratings news on salesforce.com click here.

Shares of salesforce.com closed at $247.26 yesterday.


You May Also Be Interested In





Related Categories

Analyst Comments, Downgrades, Hot Comments, Hot Downgrades

Related Entities

D.A. Davidson, Gil Luria, Maynard Um, Mark Zuckerberg, ARK