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Salesforce (NYSE:CRM) has been downgraded from Buy to Neutral in a report by Roth Capital today.

Boasting a price of $102.34, Salesforce (NYSE:CRM) traded 0.93% higher on the day. With the last stock price close up 11.58% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.01% over the same time period. CRM has recorded a 50-day moving average of $96.19 and a 200-day moving average of $91.09. 1,011,859 shares of CRM traded hands, down from an average trading volume of 3,942,460

Roth Capital has downgraded Salesforce (NYSE:CRM) from Buy to Neutral in a report released on 11/23/2017.

Previously on 11/22/2017, BMO Capital Markets reported about Salesforce (NYSE:CRM) upped the target price from $112.00 to $118.00 that suggested an upside of 0.11%.

Recent Performance Chart

Salesforce (NYSE:CRM)

Salesforce has 52 week low of $66.43 and a 52 week high of $102.10 and has a market cap of $0.

In addition to Roth Capital reporting its target price, a total of 43 firms have released a research note on Salesforce. The 12-month price target is $97.16 with sixteen brokers rating the stock a strong buy, 26 brokers rating the company a buy, two brokerages rating the company a hold, zero firms rating the stock a underperform, and finally 1 firm rating the company a sell.

More About Salesforce (NYSE:CRM)

Salesforce.com, Inc. is a provider of enterprise software, delivered through the cloud, with a focus on customer relationship management (CRM). The Company focuses on cloud, mobile, social, Internet of Things (IoT) and artificial intelligence technologies. The Company's service offerings are configured and integrated with other platforms and enterprise applications. The Company delivers its service offerings via Internet browsers and on mobile devices. Its Customer Success Platform is a portfolio of service offerings providing sales force automation, customer service and support, marketing automation, digital commerce, community management, analytics, application development, IoT integration, collaborative productivity tools and its professional cloud services. Its cloud service offerings include Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, Community Cloud, Analytics Cloud, Salesforce Quip and Salesforce Platform.

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