salesforce.com, inc. CRM shares have been quiet in Tuesday's after-hours session despite a new Outperform rating from BMO analyst Keith Bachman.
The analyst set a $98 price target on the stock.
As shares closed down 0.5 percent at $81.09, the analyst's new price target suggested potential upside of about 21 percent.
Bachman highlighted two scale issues which salesforce should benefit from:
- "customers favor buying sales forceautomation, service, and marketing suites that are well integrated"
- "brand, sales, and cost advantages, particularly compared with other SaaS vendors."
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