Salesforce.com PT Raised to $200.00 at Susquehanna (CRM)
Salesforce.com (NYSE: CRM) had its target price upped by Susquehanna from $185.00 to $200.00 in a research note issued to investors on Monday. The firm currently has a positive rating on the stock.
A number of other firms have also recently commented on CRM. Analysts at Roth Capital raised their price target on shares of Salesforce.com from $180.00 to $200.00 in a research note to investors on Monday. They now have a buy rating on the stock. Separately, analysts at Oppenheimer raised their price target on shares of Salesforce.com from $200.00 to $210.00 in a research note to investors on Monday. Finally, analysts at Needham & Company raised their price target on shares of Salesforce.com from $180.00 to $200.00 in a research note to investors on Monday. They now have a buy rating on the stock.
Thirty-four equities research analysts have rated the stock with a buy rating, two have issued an overweight rating, three have issued a hold rating, two have given an underweight rating, and three have assigned a sell rating to the company. The stock currently has an average rating of overweight and an average price target of $194.79.
Shares of Salesforce.com opened at 180.79 on Monday. Salesforce.com has a 52 week low of $120.18 and a 52 week high of $187.94. The stock’s 50-day moving average is currently $174.3. The company’s market cap is $26.209 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.
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