Salesforce raises full-year revenue outlook on hybrid work boost

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'A Must Own Asset for Growth Investors': Piper Upgrades Salesforce (CRM) to Overweight, Says There's Room for 30% Gains

September 24, 2021 10:30 AM EDT

Shares of Salesforce.com (NYSE: CRM) are up 2% today to print new record highs after Piper Sandler analyst Brent Bracelin upgraded to Overweight from Neutral.

Following conversations with the leadership, the analyst is confident investors could see a multi-year period of multiple and profit expansion on the back of the operating discipline and organic investments that can scale growth.

We came away from in-person meetings at the Dreamforce analyst day encouraged by the commitment, desire, and dedication... More