Salesforce Macro Constraints are Evident - JPMorgan
- Joseph K
- Aug 22, 2022
- 1 min read
JPMorgan released a report on its Salesforce (NYSE:CRM) Partner Survey on Tuesday, telling investors that macro constraints are evident, but underlying resilience is still tangible.
An analyst who has an Overweight rating on Salesforce, outlined four key takeaways from the survey, which were that partners finished 2% above plan on average, a downtick from last quarter's +3.8%, most growth metrics experienced a downtick as expected, 85% of partners see lengthening sales cycles or greater deal scrutiny, and that there are a couple of measures to improve.
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