A number of stock research firms have changed their ratings and price targets for Salesforce.com (NYSE: CRM) during the last seven days:

  • Salesforce.com had its “overweight” rating reaffirmed by analysts at Piper Jaffray. They now have a $208.00 price target on the stock.
  • Salesforce.com is now covered by analysts at Barrington Research. They set an “outperform” rating and a $180.00 price target on the stock. They wrote, “Having covered and monitored salesforce for nearly a decade, we are continually impressed with its innovation. We view it as the gold standard in cloud-based CRM and a driving force behind the corporate move to cloud computing. It has a large target market, an upsellable customer base, and an enviable partner ecosystem. We think its stock should trade at a premium to other fast-growth B2B SaaS companies and are initiating coverage with an OUTPERFORM investment rating and $180 price target.”
  • Salesforce.com had its “outperform” rating reaffirmed by analysts at Macquarie. They now have a $170.00 price target on the stock.
  • Salesforce.com had its “buy” rating reaffirmed by analysts at Wunderlich. They now have a $207.00 price target on the stock.
  • Salesforce.com had its “overweight” rating reaffirmed by analysts at Piper Jaffray. They now have a $208.00 price target on the stock.

Salesforce.com traded down 2.23% on Thursday, hitting $143.255. Salesforce.com has a 52-week low of $94.09 and a 52-week high of $164.75. The company’s market cap is $19.912 billion.

Salesforce.com, inc. is a provider of enterprise cloud computing and social enterprise solutions. The Company provides a customer and collaboration relationship management (CRM), applications through the Internet or cloud.