Mizuho Securities Starts salesforce.com (CRM) at Buy

Mizuho Securities analyst Gregg Moskowitz initiates coverage on salesforce.com (NYSE: CRM) with a Buy rating and a price target of $185.00.

The analyst commented, "We believe CRM is perfectly situated to help its vast customer base manage revenue and process optimization via digital transformation, with its best-in-class cloud platform. CRM presides over an incredibly powerful ecosystem of partners and customers, and our market share analysis indicates significant upside potential over the next 2-3 years. CRM is one of our top picks."

For an analyst ratings summary and ratings history on salesforce.com click here. For more ratings news on salesforce.com click here.

Shares of salesforce.com closed at $158.28 yesterday.

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