Citizens Jmp Reiterates 'Market Outperform' Rating for Salesforce

Equities research analysts at Citizens Jmp have reiterated their 'market outperform' rating for Salesforce (NYSE:CRM), setting a target price of $315.00 per share, which represents a potential upside of 50.58% from the stock's previous close.

This is not the only positive view on the company; other analysts, such as HSBC and Raymond James Financial, have also issued 'buy' ratings with higher target prices.

However, Phillip Securities downgraded Salesforce from a 'buy' rating to a 'hold' rating, citing a lower target price of $166.00 per share.