Oppenheimer Reduces Salesforce Shares Target Amid Bookings Challenges and External Headwinds

Thursday, 30 May 2024, 09:09

Oppenheimer has reduced its target for Salesforce shares due to falling short on bookings and facing macroeconomic challenges. The article delves into the impact of these issues on Salesforce's stock performance and provides insights into the broader market context. Overall, the combination of bookings miss and macro headwinds presents a notable challenge for Salesforce to navigate.

https://store.livarava.com/1e018f83-1e7e-11ef-a3e7-9d5fa15a64d8.jpg — Oppenheimer Reduces Salesforce Shares Target Amid Bookings Challenges and External Headwinds

Oppenheimer Cuts Salesforce Shares Target

Salesforce shares target has been reduced by Oppenheimer due to...

Bookings Miss and Macro Headwinds

This reduction follows a...

Bookings Miss: Company's earnings falling short of expectations
Macro Headwinds: External economic factors affecting performance

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Oppenheimer Cuts Salesforce Shares Target

Bookings Miss and Macro Headwinds

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