Salesforce Borrows $25B for Buyback as Cash-Flow Concerns Rise

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Salesforce traded at $177.51 after Q1 FY27 earnings beat revenue estimates and included a $25 billion debt-funded buyback. Management cut full-year free cash flow growth guidance to 4-5% from 9-10%. Barclays cut its Salesforce price target to $236 from $252 while keeping a buy rating.
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