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Salesforce (NYSE:CRM) Trading 3.4% Higher - Here's Why - MarketBeat
Salesforce stock is up 3.4% today. Wall Street analysts are excited. You probably aren't. Here's what actually happened: a handful of equity analysts reissued "buy" ratings on Salesforce shares. Good
Salesforce stock is up 3.4% today. Wall Street analysts are excited. You probably aren't.
Here's what actually happened: a handful of equity analysts reissued "buy" ratings on Salesforce shares. Good news if you own the stock. Mostly noise if you're the one whose team is grinding through workarounds every morning because the platform still doesn't handle your sales process the way you actually run it.
Stock price and product quality are different conversations. A rising share price means investors believe Salesforce will keep growing revenue. It says nothing about whether your custom objects are a mess, your reps are ignoring the CRM entirely, or your last consultant bill fixed three things and broke two others.
If you've already been through the Salesforce implementation cycle — the partner fees, the six-month rollout, the training theater — a bullish analyst note doesn't change your day-to-day reality. The gap between what the platform promises and what your team actually uses hasn't closed.
What Wall Street calls a "buy" and what your ops team calls a working system are rarely the same thing.
#CRM #SalesOperations #MidMarket #SalesforceAlternative #RevOps
Original Source
A number of equities analysts have issued reports on CRM shares. Needham & Company LLC reissued a "buy" rating on shares of Salesforce in a research ...