JPMorgan analyst Mark Murphy believes the announcement that the U.S. Department of Health & Human Services has launched a $100M Blanket Purchase Agreement for Salesforce subscriptions may be the "tip of the iceberg" for Salesforce in the federal government. The news moves Salesforce into an "elite category" of Cloud providers trusted to handle the large-scale requirements of the U.S. Government, Murphy tells investors in a research note. He keeps an Overweight rating on the shares with a $90 price target.
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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