BofA/Merrill raised Buy rated Salesforce.com's price target to $80 from $73 based on potential upside to FY16 revenue and margin guidance. The firm does not believe the new analytic product is factored enough in FY16, which could drive 2H 2016 billings and revenue upside. BofA/Merrill also commented on Salesforce.com takeover speculation and said shares could be worth $92 in a takeover.
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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here