
Citi cuts cloud software provider Salesforce's CRM.N PT to $253 from $276
New PT implies an upside of 8.1% to stock's last close
Brokerage expects revenue growth to remain constrained in the high single digits with a limited upside in the second half of FY 2025
"Partners seemed concerned about core business trends decelerating (sales/service/marketing) as competition intensifies" - Citi
Average rating of 54 analysts is "buy," their median PT is $322.50 - data compiled by LSEG
Up to last close, stock has fallen ~30% this year