UBS Has Just Reaffirmed $180.0000 Target Price Per Share on Salesforce.com (NYSE:CRM) stock, While They’ve Also Reiterated Their “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 increased, 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.

Adage Cap Prtn Group Ltd Liability Corporation has invested 0.36% in salesforce.com, inc. (NYSE:CRM). 336,271 are owned by Riverbridge Ltd Limited Liability Company. Savant Cap Llc reported 3,102 shares stake. 20,821 were reported by Mastrapasqua Asset Mgmt. Daiwa Secs Gru Inc accumulated 0.07% or 64,225 shares. 12,689 were reported by Ls Investment Advsr Limited Liability Company. 2.03M were reported by Egerton Cap (Uk) Limited Liability Partnership. South Texas Money Mngmt Ltd reported 166,174 shares or 0.99% of all its holdings. Bradley Foster Sargent Ct invested in 15,150 shares or 0.07% of the stock. Company Of Toledo Na Oh holds 8,577 shares. Waratah Advsrs invested in 0.15% or 10,134 shares. Chemung Canal Trust owns 38,889 shares. Moreover, Triangle Wealth Mngmt has 0.92% invested in salesforce.com, inc. (NYSE:CRM). Redwood Lc holds 134,774 shares or 1.27% of its portfolio. Sands Mngmt Ltd Liability Com reported 9.53M shares.

Since May 31, 2018, it had 4 insider buys, and 193 sales for $194.82 million activity. 5,000 salesforce.com, inc. (NYSE:CRM) shares with value of $706,030 were sold by Benioff Marc. On Friday, June 15 the insider Conway Craig sold $70,028. Shares for $313,629 were sold by Harris Parker. Dayon Alexandre sold $21.91 million worth of stock or 137,769 shares. BLOCK KEITH sold $1.35 million worth of stock or 10,000 shares. Another trade for 407 shares valued at $61,674 was made by Tallapragada Srinivas on Saturday, August 25.

Salesforce.com (NYSE:CRM) Rating Reaffirmed

UBS now has a $180.0000 target price per share on the $108.03B market cap company or 26.09 % upside potential. In analysts report published on Wednesday, 28 November, Salesforce.com (NYSE:CRM) shares have had their “Buy” Rating kept by equity analysts at UBS.

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. The rating was maintained by Morgan Stanley on Tuesday, August 14 with “Overweight”. The firm earned “Buy” rating on Wednesday, November 28 by Oppenheimer. The stock has “Outperform” rating by Macquarie Research on Thursday, August 30. Robert W. Baird maintained it with “Outperform” rating and $180 target in Friday, September 28 report. The stock of salesforce.com, inc. (NYSE:CRM) earned “Buy” rating by Wedbush on Monday, November 26. The firm has “Buy” rating by Canaccord Genuity given on Thursday, August 30. The rating was maintained by JMP Securities with “Market Outperform” on Thursday, August 30. The company was maintained on Thursday, September 27 by Oppenheimer. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, July 24 report. The firm has “Buy” rating by UBS given on Wednesday, November 28.

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: Schaeffersresearch.com which released: “Cloud Stocks CRM and NTNX Shine After Earnings – Schaeffers Research” on November 28, 2018, also Seekingalpha.com with their article: “CRM, ACAD, ALS among premarket gainers – Seeking Alpha” published on November 28, 2018, 247Wallst.com published: “What Analysts Are Saying About Salesforce After Earnings – 24/7 Wall St.” on December 01, 2018. More interesting news about salesforce.com, inc. (NYSE:CRM) were released by: Nasdaq.com and their article: “5 Top Stock Trades for Wednesday: CRM Earnings, AMD and PZZA – Nasdaq” published on November 27, 2018 as well as Zacks.com‘s news article titled: “The G20 Summit & Today’s Trending Stocks: AMZN, DIS, CRM – Zacks.com” with publication date: November 27, 2018.

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