Needham analyst approves Salesforce's acquisition of Informatica, sees strategic value in deal.

From Yahoo Finance: 2025-05-28 14:37:00

Analyst Scott Berg from Needham approves Salesforce Inc.’s acquisition of Informatica, maintaining a Buy rating and $400 price target. Berg sees strategic value in the deal, enhancing Salesforce’s data and AI offerings. While the acquisition looks pricey, Berg believes it will pay off if integrated well. Informatica is expected to boost Salesforce’s competitiveness, despite concerns about past acquisition execution. Salesforce’s focus on customer data and analytics makes Informatica crucial for expanding its software capabilities. Overall, Berg remains positive on Salesforce stock. Salesforce is a cloud-based CRM company known for its suite of applications for sales, service, marketing, and analytics.



Read more at Yahoo Finance: Needham Endorses Salesforce’s (CRM) Informatica Deal, Keeps $400 Target