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Fly News Breaks for April 11, 2016
CRM
Apr 11, 2016 | 08:07 EDT
Oppenheimer analyst Brian Schwartz remains a buyer of Salesforce's shares with "fundamentals strengthening" and with "good upside" left in the stock over the next 12-18 months from current levels. The evolution of Salesforce into a broader customer success platform supplier is proceeding at an "aggressive pace," driving double-digit growth in the core sales segment, and putting in place a longer term opportunity, the analyst tells investors in a research note. Schwartz reiterates an Outperform rating and $88 price target on the shares.
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