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Fly News Breaks for August 18, 2015
CRM
Aug 18, 2015 | 08:01 EDT
Canaccord believes Salesforce shares could sell off following Q2 results as they believe investors are short-term obsessed and the company faces tough comparisons. The firm would buy any dip as the company anticipates Dreamforce to be a potential catalyst in the fall and any selloff would be an overreaction. Canaccord reiterated its Buy rating and $85 price target on Salesforce shares.
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