BMO Capital analyst Keith Bachman lowered the firm’s price target on Salesforce (CRM) to $367 from $375 and keeps an Outperform rating on the shares. The company had a “solid if unspectacular” Q4 report, with constant currency remaining performance obligation growth rate and free cash flow above expectations, but subscription revenue growth a touch light, the analyst tells investors in a research note. Total FY26 revenue guide was also a bit disappointing, the firm adds.
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