salesforce.com (CRM) PT Raised to $127 at Morgan Stanley Following Dreamforce User Conference & Analyst Day; 'Feeling Good on Growth'
Morgan Stanley raised its price target on salesforce.com (NYSE: CRM) to $127.00 (from $107.00) while maintaining a Overweight rating, following the company's Dreamforce User Conference and analyst day.
Analyst Keith Weiss notes a positive outlook on the shares, following the company's Dreamforce User Conference and Analyst Day, that provided increased conviction from management citing strong traction in large vertical transformation deals.