Cowen and Company Reaffirms Outperform Rating for salesforce.com, inc. (CRM)

Salesforce Beats Estimates Can Its Good Run Continue
Is This Tech Stock Flashing the Hottest Chart on the Market Right Now?
Author

25 May, 2017

$90.89's average target is 2.71% above currents $88.49 stock price. Salesforce.com had 113 analyst reports since August 21, 2015 according to SRatingsIntel. The rating was maintained by Canaccord Genuity with "Buy" on Thursday, May 19. They now have a United States dollars 95 price target on the stock. Jefferies maintained the shares of CRM in report on Thursday, November 19 with "Underweight" rating. More interesting news about salesforce.com, inc. On Thursday, May 19 the stock rating was maintained by Citigroup with "Buy". UBS maintained the stock with "Buy" rating in Thursday, May 19 report. Oppenheimer maintained the shares of CRM in report on Thursday, November 19 with "Outperform" rating. (NYSE:CRM) has "Buy" rating given on Saturday, August 22 by Bank of America. Private Asset Mngmt reported 0.08% in salesforce.com, inc. "(CRM)" was published by Stock Observer and is the property of of Stock Observer.

05/19/2017 - Salesforce.com Inc had its "buy" rating reiterated by analysts at MKM Partners. Therefore 40% are positive. On Friday, January 27 the stock rating was maintained by BMO Capital Markets with "Outperform". The firm now has a solid "Outperform" rating on shares. (NYSE:CRM). Joel Isaacson Company reported 425 shares. The rating was maintained by Beaufort Securities with "Speculative Buy" on Friday, September 4. SunTrust maintained the shares of CRM in report on Thursday, June 2 with "Buy" rating.

The stock grew about 26.13% in the past 5 years, this positive value indicates that the stock constantly performed well in previous years as well. The company was upgraded on Wednesday, August 19 by Vetr. The company was maintained on Wednesday, November 23 by Deutsche Bank. The stock declined 0.07% or $0.05 reaching $68.63 per share. In fact, Salesforce expanded its "market share in 2016 by more percentage points than the rest of the top 10 CRM vendors combined", according to the company. (NYSE:CRM) has risen 7.78% since May 24, 2016 and is uptrending.

Over the past year, CRM stock has underperformed the S&P 500 with an 8.20% advance. Shares for $786,654 were sold by BLOCK KEITH. $1.62M worth of salesforce.com, inc. (NYSE:CRM). Peloton Wealth Strategists holds 1.61% or 28,800 shares in its portfolio. Looking at this figure it suggests that the shares of salesforce.com, inc. Shares for $99,987 were bought by Wojcicki Susan on Monday, December 5.

On Wednesday, May 10th, Marc Benioff sold 10,000 shares of salesforce.com, inc. stock.

Shares of salesforce.com, inc. (NYSE:CRM) was sold by Martinez Maria on Wednesday, February 22. Nelson Roberts Advisors Ltd Liability Com has 1.78% invested in salesforce.com, inc.

Salesforce.com, inc.is a provider of enterprise software, delivered through the cloud, with a focus on customer relationship management. The Firm focuses on cloud, mobile, social, Internet of Things (IoT) and artificial intelligence technologies. It has a 466.77 P/E ratio. The Company's service offerings are configured and integrated with other platforms and enterprise applications.

Investors sentiment decreased to 0.99 in Q4 2016. Its down 0.14, from 1.13 in 2016Q3. It dived, as 89 investors sold salesforce.com, inc. shares while 255 reduced holdings. 98 funds opened positions while 244 raised stakes. Tekne Cap Limited Liability Corporation holds 191,682 shares. Andra Ap owns 0.03% invested in salesforce.com, inc.

Hitchwood Capital Management Lp increased Salesforce Com Inc (CRM) stake by 233.33% reported in 2016Q4 SEC filing. Gabelli Funds Ltd reported 30,300 shares. Image source: Salesforce.com.

05/16/2017 - Salesforce.com Inc had its "outperform" rating reiterated by analysts at Cowen. (NYSE:CRM) for 8,660 shares. Salem Investment Counselors Inc. increased its stake in salesforce.com, inc.by 2.6% in the first quarter. (NYSE:CRM). Aberdeen Asset Management Public Limited Company Uk holds 0.03% of its portfolio in salesforce.com, inc. Summit Global Investments increased its position in salesforce.com, inc.by 15.6% in the first quarter. Simon Ppty Grp (NYSE:SPG) was reduced too. (NYSE:CRM). Federated Pa invested 0.28% in salesforce.com, inc. (NYSE:CRM) for 12,824 shares. Commonwealth Equity Services Inc boosted its stake in salesforce.com, inc.by 80.6% in the third quarter. (NYSE:CRM) for 74,254 shares. Whittier Trust Of Nevada has 20,197 shares. Shares for $75,806 were sold by Weaver Amy E on Friday, November 25. Allanson Joe sold $95,743 worth of stock. 1,105 shares were sold by Conway Craig, worth $78,798 on Thursday, December 15. On Tuesday, February 14 the insider McGraw Deirdre Davey sold $268,827. The lowest 12-month price target for the shares is $68.00, which would be decrease of about -24% of its current value. About 750,789 shares traded. Amphion Innovations Plc (LON:AMP) has 0.00% since May 24, 2016 and is. It has underperformed by 8.92% the S&P500.

Investors sentiment increased to 0.91 in Q4 2016. Its down 0.13, from 0.95 in 2016Q3. Profund Advsrs Llc reported 62,919 shares or 0.2% of all its holdings. Cim Invest Mangement owns 9,011 shares. Timber Hill Ltd Liability holds 3,622 shares or 0% of its portfolio. Cambridge Inv Rech Advisors owns 21,702 shares or 0.03% of their U.S. portfolio. Eaton Vance Mgmt reported 558,333 shares. Rhumbline Advisers accumulated 991,122 shares. Legacy Private Tru invested in 14,870 shares. 37,898 were reported by Punch And Assocs Invest Mgmt. The 52-week range of the share price is from $19.60 - $32.69. 256 are held by Manchester Cap Mngmt Ltd Llc.


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