Market Overview

Morgan Stanley is Looking for Momentum to Sustain salesforce.com into FY15

Share:
Related CRM
Facebook, Google Make Glassdoor's List Of Top 50 Places To Work
What SoftBank's $50 Billion Investment Means For Sprint, Twitter
AWS: A November To Remember (Seeking Alpha)

In a report published Monday, Morgan Stanley analyst Keith Weiss reiterated an Overweight rating and $72.00 price target on salesforce.com (NYSE: CRM).

In the report, Morgan Stanley noted, “Our work suggests overall demand trends for Salesforce.com remain strong, particularly for Service Cloud and Platform, while early synergies continue to emerge from the ExactTarget tie-up. Overall, we still see the potential for upside to FY15 estimates and remain buyers into the print.”

salesforce.com closed on Friday at $63.59.

Latest Ratings for CRM

DateFirmActionFromTo
Nov 2016OTR GlobalUpgradesMixedPositive
Oct 2016RosenblattInitiates Coverage OnBuy
Oct 2016DA DavidsonMaintainsNeutral

View More Analyst Ratings for CRM
View the Latest Analyst Ratings

Posted-In: Keith Weiss Morgan StanleyAnalyst Color Reiteration Analyst Ratings

 

Related Articles (CRM)

View Comments and Join the Discussion!