Monness Crespi & Hardt Lifts Salesforce Price Target to $222.00

Salesforce's (NYSE:CRM) price target has been raised by Monness Crespi & Hardt to $222.00, a potential upside of 14.91% from its previous close.

This increase comes after several other research firms have also commented on the company. For example, B. Riley Financial upped their price target on shares of Salesforce from $205.00 to $240.00 and gave the stock a 'buy' rating in a recent research note.

The brokerage currently has a 'buy' rating on the CRM provider's stock, which has an average rating of 'Moderate Buy' with a consensus target price of $250.85, according to MarketBeat.