Salesforce (CRM) Gets a Buy from J.P. Morgan

J.P. Morgan analyst Mark Murphy maintained a Buy rating on Salesforce (CRMResearch Report) today and set a price target of $245.00. The company’s shares opened today at $152.72.

Murphy covers the Technology sector, focusing on stocks such as Oracle, Salesforce, and Akamai. According to TipRanks, Murphy has an average return of 8.1% and a 54.96% success rate on recommended stocks.

In addition to J.P. Morgan, Salesforce also received a Buy from KeyBanc’s Michael Turits in a report issued today. However, on November 18, Citigroup maintained a Hold rating on Salesforce (NYSE: CRM).

See the top stocks recommended by analysts >>

The company has a one-year high of $299.27 and a one-year low of $136.04. Currently, Salesforce has an average volume of 7.13M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities., inc. engages in the design and development of cloud-based enterprise software for customer relationship management. Its solutions include sales force automation, customer service and support, marketing automation, digital commerce, community management, collaboration, industry-specific solutions, and salesforce platform. The firm also provides guidance, support, training, and advisory services. The company was founded by Marc Russell Benioff, Parker Harris, David Moellenhoff, and Frank Dominguez in February 1999 and is headquartered in San Francisco, CA.

Read More on CRM:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More