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2021-12-02

Asking a genuine question--can someone explain how CRM is so pricey (PE near 100) yet analysts put price targets of $300+ on it? It seems like the market is trying to correct this stock down to a proper P/E valuation, yet analyst price targets are super high. Can someone help out? I'm only a bit over a year investing. Just trying to learn why these seem to be in direct conflict.$Salesforce(CRM)$

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