Salesforce Inc (CRM)

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Salesforce.com, inc. (NYSE:CRM) Given Average Rating of "Buy" by Brokerages
By: MarketBeat | January 9, 2021

salesforce.com, inc. (NYSE:CRM) has been assigned a consensus recommendation of "Buy" from the forty-two brokerages that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, seven have given a hold recommendation, twenty-eight have issued a buy recommendation and three have given a strong buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $260.23.

A number of research firms recently commented on CRM. Oppenheimer reiterated a "buy" rating and set a $265.00 price objective on shares of salesforce.com in a research note on Wednesday, December 2nd. JMP Securities lifted their price target on shares of salesforce.com from $272.00 to $282.00 and gave the stock an "outperform" rating in a research report on Wednesday, December 2nd. Piper Sandler decreased their price target on shares of salesforce.com from $285.00 to $278.00 and set an "overweight" rating on the stock in a research report on Wednesday, December 2nd. BMO Capital Markets lifted their price target on shares of salesforce.com from $260.00 to $285.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 25th. Finally, Morgan Stanley decreased their price target on shares of salesforce.com from $275.00 to $270.00 and set an "equal weight" rating on the stock in a research report on Thursday, December 3rd.

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