Market Overview

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

Share:
Related CRM
5 Toxic Stocks To Abandon Or Play Short For Profit
Watch These 8 Huge Call Purchases In Thursday Trade
Deltec Asset Management Llc Buys Comcast Corp, Salesforce. ... (GuruFocus)

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
Jun 2017SunTrust Robinson HumphreyInitiates Coverage OnBuy
Apr 2017BenchmarkInitiates Coverage OnOutperform
Apr 2017Credit SuisseInitiates Coverage OnOutperform

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!