Salesforce.com, inc. CRM shares are trading higher on Monday, after JMP analysts maintained an Outperform rating on the stock and raised their price target from $172 to $191.
Software and technology names have been strong recently despite market volatility.
Salesforce.com offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.
Salesforce shares were trading up 3.12% at $181.40 at time of publication on Monday. The stock has a 52-week high of $195.72 and a 52-week low of $115.29.
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