salesforce.com, inc. (NYSE:CRM) has been upgraded to Positive in a report by OTR Global today.
- Updated: December 1, 2016
Just yesterday salesforce.com, inc. (NYSE:CRM) traded -4.92% lower at $68.46. The company’s 50-day moving average is $74.13 and its 200-day moving average is $77.42. The last closing price is down -11.57% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 10,907,341 shares of the stock traded hands, up from an average trading volume of 8,530,970
OTR Global has upgraded salesforce.com, inc. (NYSE:CRM) to Positive in a report released on 12/01/2016.
Previously on 11/18/2016, BMO Capital Markets released a statement about salesforce.com, inc. (NYSE:CRM) increased the target price from $86.00 to $90.00. At the time, this indicated a possible upside of 0.20%.
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salesforce.com, inc. has a price-earnings ratio of 232.07 with a one year low of $52.60 and a one year high of $84.48 CRM’s total market value is presently $0.
A total of 43 analysts have released a report on salesforce.com, inc.. Sixteen analysts rating the company a strong buy, twenty-six analysts rating the company a buy, two analysts rating the company a hold, zero analysts rating the company a underperform, and finally one analyst rating the company a sell with a 12-month price target of $97.16.
More About salesforce.com, inc. (NYSE:CRM)
salesforce.com, inc. is a provider of enterprise cloud computing solutions, with a focus on customer relationship management (CRM). The Company's Customer Success Platform, including sales force automation, customer service and support, marketing automation, community management, analytics, application development, Internet of Things (IoT) integration and its professional cloud services, provide the next-generation platform of enterprise applications and services. The Company delivers its solutions as a service through all the Internet browsers and on mobile devices. It sells to businesses of all sizes and in a range of industries across the world on a subscription basis, primarily through its direct sales and also indirectly through partners. Its service offerings include Sales Cloud, Service Cloud, Marketing Cloud, Community Cloud, Analytics Cloud, IoT Cloud and App Cloud. It also offers professional services to facilitate the adoption of its solutions.
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