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Fly News Breaks for August 15, 2016
CRM
Aug 15, 2016 | 06:40 EDT
Piper Jaffray analyst Alex Zukin believes Salesforce's Q2 earnings report may provide a buying opportunity after his firm's channel checks indicated a "somewhat lighter" new business quarter than prior periods. Investors may see attractive entry points in the near term, Zukin tells investors in a pre-earnings research note. The analyst believes Salesforce is positioned for a strong second half of 2016 and he keeps an Overweight rating on the shares with a $100 price target.
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