Salesforce’s Acquisition Spree Defies a Slumping Software Sector
20.02.2026 - 14:29:03 | boerse-global.de
As its share price hovers near a 52-week low, Salesforce management is shifting into an aggressive growth posture. The CRM leader’s recent purchase of the “Momentum” platform marks its tenth acquisition in a mere six-month span. This buying binge raises a critical question for shareholders: can such an assertive expansion strategy navigate the company through the ongoing industry-wide correction?
In the near term, a sense of prudence dominates analyst sentiment on Wall Street. This week witnessed several prominent firms revising their price targets downward. Citigroup lowered its target from $257 to $197, while Wells Fargo reduced its expectation from $265 to $235. Crucially, the context is that most experts, including those at BTIG, maintain Read more...
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