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salesforce.com (CRM) cuts 'displays commitment to margin expansion' - Stifel
January 4, 2023 10:50 AM ESTStifel analyst Parker Lane reiterated a Buy rating and $175.00 price target on salesforce.com (NYSE: CRM) after the company announced plans to cut 10% of its workforce. The analyst said the news "displays commitment to margin expansion" and "most likely a pull forward of the >25% non-GAAP operating margin target (FY26)".
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