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Fly News Breaks for February 9, 2016
CRM
Feb 9, 2016 | 05:58 EDT
Jefferies analyst John DiFucci upgraded Salesforce to Hold with the stock near around his unchanged price target of $30 following the 30% year-to-date selloff. Salesforce is seeing improved traction in the enterprise and continued solid mid-market performance, DiFucci tells investors in a research note. He views the stock as fairly valued at current levels. Salesforce closed yesterday down $4.40 to $54.11.