salesforce.com (CRM) PT Raised to $180 at Cowen Following Analyst Day; 'Management Remains Highly Confident in Growth Outlook'

September 27, 2018 8:43 AM EDT
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Price: $196.21 -2.56%

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    48 Buy, 20 Hold, 4 Sell

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Cowen analyst J. Derrick Wood raised the price target on salesforce.com (NYSE: CRM) to $180.00 (from $170.00) while maintaining a Outperform rating, following the company's analyst day.

Analyst Wood notes a positive outlook on CRM shares, following the company's analyst day that highlighted new product announcements and sustained confidence in its growth outlook and increased total addressable market into 2022.



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