Business

salesforce.com (CRM) Shares Gap Down on Insider Selling


Specifically, Director Craig Conway sold 200 shares of the stock in a transaction dated Monday, April 15th.


Bank of America reiterated a “buy” rating and issued a $200.00 price target (up from $181.00) on shares of salesforce.com in a research note on Wednesday, February 27th.


Barclays increased their price target on salesforce.com to $180.00 and gave the company an “overweight” rating in a research note on Tuesday, March 5th.


Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $185.00 price target (up from $175.00) on shares of salesforce.com in a research note on Tuesday, March 5th.


Finally, Brand Asset Management Group Inc. purchased a new position in shares of salesforce.com in the first quarter valued at approximately $30,000.


The company offers Sales Cloud to store data, monitor leads and progress, forecast opportunities, and gain insights through analytics and relationship intelligence, as well as deliver quotes, contracts, and invoices.






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