Investment firm Bernstein downgraded the company, citing weakening financials.
https://seekingalpha.com/news/3923616-salesforce-slips-bernstein-downgrade-overpriced-compared-to-peers
2 replies (most recent on top)
I would say that right now all stocks are overpriced. Some more than others.
If the stock price is supposed to drop by another 20%, as opposed to recover, having lost 50% in one year, then no, not good. A lot of people with RSUs won't stay for long.
However, that's only the view of one analyst.