Salesforce Shares Expected to Rise

Salesforce (NYSE:CRM) shares are expected to rise according to Mizuho analyst, who has increased its price target from $265.00 to $280.00.

This would represent a potential upside of 11.73% from the company's previous close, putting CRM at $250.60 per share.

Mizuho currently has an 'outperform' rating on Salesforce stock, and is not alone in its optimism - several other brokerages have also recently raised their target prices for CRM shares.