Bachman Stands Firm on CRM: Salesforce Price Target Hits $230

Salesforce (CRM) has received a fresh buy recommendation from analyst Keith Bachman of BMO Capital. In a report released on August 21, Bachman reiterated his Buy rating and set a price target of $230.00 for the technology giant.

Bachman's coverage area includes prominent tech stocks such as Dynatrace, Microsoft, and Cognizant. He boasts an impressive track record with an average return of 8.7% and a 54.27% success rate on recommended stocks.

However, Salesforce also received a conflicting view from Bank of America Securities, which reiterated a Sell rating for the company.