Stocks
Chatterjee Sticks to His Guns: Salesforce Gets Another Buy Rating
J.P. Morgan analyst Samik Chatterjee has reaffirmed his Buy rating for Salesforce (CRM) in a report released today. He set a price target of $265.00.
Chatterjee, who covers the Technology sector and is ranked among the top 25 analysts by TipRanks, has an impressive track record with an average return of 54.1% and a success rate of 75.15%. His Buy rating on Salesforce comes amidst mixed analyst sentiment on the stock.
In addition to J.P. Morgan's Buy rating, Evercore ISI's Kirk Materne also maintained a Buy for Salesforce in his report issued yesterday. However, Morgan Stanley had a different view, maintaining a Hold rating on the company on September 14.