Analysts Bullish on Salesforce and Analog Devices

Analysts are optimistic about two major technology companies, Salesforce (CRM) and Analog Devices (ADI), as they issue bullish reports on their future growth potential.

Analyst J. Parker Lane from Stifel Nicolaus maintains a Buy rating on Salesforce with a price target of $250.00, representing a 26% upside from the current level of $197.51.

Lane has a track record of -6.8% average return and a 36.8% success rate. The analyst consensus for Salesforce is currently Moderate Buy with an average price target of $239.29.

In another development, Stifel Nicolaus analyst Tore Svanberg maintained a Buy rating on Analog Devices with a price target of $498.00, which implies an 18% upside from the current level of $383.93. Svanberg has a top ranking among analysts with a 32.6% average return and a 60.6% success rate.