Brad Zelnick analyst at Deutsche Bank reiterates coverage on Salesforce (CRM) in the tech stock sector with a Buy rating. TipRanks.com has Zelnick rated as a 5 star analyst with a 68% return on investment and a 16.5% success rate. Zelnick has set a price target of $ 260.
TipRanks.com reports that Salesforce stock currently has 34 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $241.03. The target pricing ranges from a high forecast of $332.00 down to a low forecast of $175.00. Salesforce (CRM) stock's last closing price was $173.05 which would put the average price target at 39.28% upside.
In addition, TradingView.com issued a Buy rating for CRM over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on CRM's stock.
Other analysts covering CRM stock include:
- Raimo Lenschow of Barclays issued a Buy rating with the price target of $ 218 on 1 day ago
- Keith Bachman of BMO Capital issued a Buy rating with the price target of $ 225 on 1 day ago
- Michael Turrin of Wells Fargo issued a Buy rating with the price target of $ 235 on 1 day ago
- Philip Winslow of Credit Suisse issued a Buy rating with the price target of $ 315 on 1 day ago
Just a reminder, one resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals.
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