Software Stock Watch: Salesforce Nears Buy Point

By | October 13, 2015

Scalper1 News

Salesforce.com (CRM) is climbing in the stock market today in the wake of an analyst price-target hike, and shares are nearing a potential buy area. On Monday, JMP Securities raised its price target on the computer software giant to 90 from 84 and maintained the company’s outperform rating. The analyst said that Salesforce has “multiple growth avenues” and “powerful underlying unit economics.” Shares popped 2% in heavy volume Tuesday afternoon. Scalper1 News

Scalper1 News