Salesforce Shares Rise 1.2% Amid Positive Analyst Sentiment

Salesforce Inc.'s share price rose by 1.2% on Monday to a high of $193.70, before closing at $186.19.

Approximately 11.52 million shares were traded during mid-day trading, which is a decline of 17% from the average session volume of 13.84 million shares.

The company has received analyst ratings with two equities research analysts rating it 'Strong Buy', twenty-four assigning a 'Buy' rating, sixteen giving a 'Hold' rating and four giving a 'Sell' rating.

Salesforce currently has a consensus rating of 'Moderate Buy' among analysts and a consensus price target of $249.51.