Salesforce CEO Could Lead Oracle After Merger: Stifel

By | April 30, 2015

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Oracle (ORCL) and Microsoft are best-suited to acquire Salesforce.com, and Salesforce CEO Marc Benioff could succeed Larry Ellison as Oracle’s executive chairman if those firms merge, says Tom Roderick, an analyst for Stifel Nicolaus, in a research report late Wednesday. Roderick raised his price target on Salesforce stock to 83 from 78 following a report from Bloomberg that Salesforce.com has hired bankers to field offers after being approached Scalper1 News

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