Analysts Adjust Price Target On Salesforce Ahead Of Quarterly Results


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


  • Analysts slashed their price targets on Salesforce.com Inc (NYSE:CRM) ahead of its quarterly results.
  • Cowen analyst J. Derrick Wood lowered the price target to $285 from $325 (36% upside) and kept an Outperform. 
  • The analyst previewed its upcoming results. While his reads on Government and MULE are more mixed, he still expects a solid beat and raise and is encouraged that 91% of their partners see 2023 pipeline growth.
  • BMO Capital analyst Keith Bachman lowered the price target to $240 from $335 (14% upside) amid compression in software multiples but kept an Outperform. 
  • The company can sustain double-digit growth, with upselling and new solution offerings contributing to growth.
  • Price Action: CRM shares traded higher by 1.13% at $210.45 on the last check Monday.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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