Breaking: Oppenheimer Reconfirms $180.0000 Price Objective On Salesforce.com (NYSE:CRM) Shares, Reconfirms Their Original Buy Rating

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Investors sentiment increased to 1.61 in Q2 2018. Its up 0.17, from 1.44 in 2018Q1. It is positive, as 40 investors sold salesforce.com, inc. shares while 254 reduced holdings. 121 funds opened positions while 353 raised stakes. 610.03 million shares or 0.25% more from 608.53 million shares in 2018Q1 were reported.

First Allied Advisory Services accumulated 9,803 shares. Price T Rowe Assoc Md reported 0.77% of its portfolio in salesforce.com, inc. (NYSE:CRM). Advisors Asset Inc invested 0.09% of its portfolio in salesforce.com, inc. (NYSE:CRM). Barclays Public Ltd Com has invested 0.13% in salesforce.com, inc. (NYSE:CRM). Riverbridge Ptnrs Ltd Liability Com reported 336,271 shares. Friess Assocs Limited Liability Corporation invested 2.03% in salesforce.com, inc. (NYSE:CRM). New Mexico Educational Retirement Board holds 0.34% of its portfolio in salesforce.com, inc. (NYSE:CRM) for 63,236 shares. Aspiriant Limited Liability has 3,295 shares for 0.04% of their portfolio. Intact Invest Management owns 4,300 shares or 0.02% of their US portfolio. 24,670 are held by Diversified. Van Eck Associates owns 312,588 shares for 0.2% of their portfolio. National Bank & Trust Of Hawaii has invested 0.04% in salesforce.com, inc. (NYSE:CRM). Cahill Fincl Advsrs Incorporated holds 0.17% or 2,650 shares in its portfolio. Thompson Davis & has invested 1.01% in salesforce.com, inc. (NYSE:CRM). Benjamin F Edwards & invested 0.1% in salesforce.com, inc. (NYSE:CRM).

Since May 31, 2018, it had 4 buys, and 193 insider sales for $194.82 million activity. $289,678 worth of salesforce.com, inc. (NYSE:CRM) was sold by BLOCK KEITH on Thursday, October 25. 16,845 shares were sold by Hawkins Mark J, worth $2.48M. The insider Harris Parker sold $115,165. 176 shares were sold by Roos John Victor, worth $24,492. 589 salesforce.com, inc. (NYSE:CRM) shares with value of $88,292 were sold by Allanson Joe. $58,605 worth of salesforce.com, inc. (NYSE:CRM) was sold by Conway Craig on Monday, September 24.

Salesforce.com (NYSE:CRM) Rating Reaffirmed

They currently have a $180.0000 PT on Salesforce.com (NYSE:CRM). The target price by Oppenheimer would suggest a potential upside of 26.09 % from the company’s current price. This has been disclosed in a research report on Wednesday morning.

salesforce.com, inc. (NYSE:CRM) Ratings Coverage

Among 19 analysts covering Salesforce.com (NYSE:CRM), 19 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Salesforce.com has $189 highest and $16000 lowest target. $175.63’s average target is 23.02% above currents $142.76 stock price. Salesforce.com had 25 analyst reports since July 11, 2018 according to SRatingsIntel. On Friday, September 7 the stock rating was maintained by Barclays Capital with “Overweight”. On Monday, November 26 the stock rating was maintained by Wedbush with “Buy”. The firm has “Buy” rating by UBS given on Wednesday, November 28. The stock of salesforce.com, inc. (NYSE:CRM) has “Overweight” rating given on Wednesday, November 21 by PiperJaffray. The stock of salesforce.com, inc. (NYSE:CRM) has “Buy” rating given on Friday, August 31 by Argus Research. The rating was maintained by Canaccord Genuity on Thursday, August 30 with “Buy”. Barclays Capital maintained it with “Overweight” rating and $165 target in Wednesday, August 15 report. As per Friday, September 28, the company rating was maintained by Deutsche Bank. UBS maintained the shares of CRM in report on Thursday, August 30 with “Buy” rating. The firm has “Strong Buy” rating by Raymond James given on Thursday, August 30.

The stock increased 2.18% or $3.04 during the last trading session, reaching $142.76. About 9.40M shares traded or 38.92% up from the average. salesforce.com, inc. (NYSE:CRM) has risen 60.42% since December 2, 2017 and is uptrending. It has outperformed by 44.80% the S&P500.

Salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management. The company has market cap of $108.03 billion. The firm offers Sales Cloud to store data, monitor leads and progress, forecast opportunities, gain insights through relationship intelligence, and collaborate around sales on desktop and mobile devices, as well as solutions for partner relationship management. It has a 148.86 P/E ratio. It also provides Service Cloud, which enables companies to deliver personalized customer service and support, as well as connects their service agents with clients on various devices; and Marketing Cloud to plan, personalize, and optimize one-to-one customer interactions.

More notable recent salesforce.com, inc. (NYSE:CRM) news were published by: Investorplace.com which released: “Wednesday’s Vital Data: Salesforce, United States Steel and AT&T – Investorplace.com” on November 28, 2018, also Fool.com with their article: “Why Salesforce Is Up 30% in 2018 – The Motley Fool” published on November 17, 2018, Investorplace.com published: “Salesforce Stock Will Need Spectacular Earnings to Keep Moving Up – Investorplace.com” on November 19, 2018. More interesting news about salesforce.com, inc. (NYSE:CRM) were released by: Benzinga.com and their article: “Street’s Reaction To Salesforce’s Big Q3 Beat (NYSE:CRM) – Benzinga” published on November 28, 2018 as well as Schaeffersresearch.com‘s news article titled: “Cloud Stocks CRM and NTNX Shine After Earnings – Schaeffers Research” with publication date: November 28, 2018.

salesforce.com, inc. (NYSE:CRM) Institutional Positions Chart

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