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Salesforce (NYSE:CRM) target price upped to $122.00, released a report earlier today by SunTrust

SunTrust increased the stock price target of Salesforce (NYSE:CRM) to $122.00 reporting a potential upside of 0.19%.

Previously on 11/22/2017, BMO Capital Markets reported on Salesforce (NYSE:CRM) bumped up the target price from $112.00 to $118.00. At the time, this indicated a possible upside of 0.11%.

Displaying a price of $102.34, Salesforce (NYSE:CRM) traded 0.93% higher on the day. With the last stock price up 11.58% from the 200-day moving average, compared to the S&P 500 which has increased 0.01% over the same time period. The company 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, down from an avg. volume of 3,942,460

Performance Chart

Salesforce (NYSE:CRM)

Salesforce has a 52 week low of $66.43 and a 52 week high of $102.10 CRM’s total market value is presently $0.

A total of 43 analysts have released a report on the company. 16 brokers rating the stock a strong buy, 26 brokerages rating the stock a buy, 2 brokerages rating the stock a hold, 0 firms rating the stock a underperform, and finally one analyst rating the company a sell with a one year target of $97.16.

Brief Synopsis 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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