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Drexel Hamilton Reiterates Buy on salesforce.com (CRM) Following 4Q

March 1, 2017 9:44 AM

Drexel Hamilton reiterated a Buy rating and $100.00 price target on salesforce.com (NYSE: CRM) following the company's 4Q report.

Analyst Brian White commented, "Last night, Salesforce delivered a solid 4Q:FY17 performance and increased its revenue outlook for FY:18. We are increasing our FY:18 revenue projection and reiterating our BUY rating with a $100.00 price target."

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 $81.54 yesterday.

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