Salesforce price target raised to $340 from $270 at Loop Capital
The Fly

Salesforce price target raised to $340 from $270 at Loop Capital

Loop Capital raised the firm’s price target on Salesforce (CRM) to $340 from $270 and keeps a Hold rating on the shares as part of a broader research note on select Software names. The analyst states that the firm’s recent checks with large global system integrator contacts indicate a “largely steady enterprise IT spending trend” following a modest ramp to start the the second half of the year.

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