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Fly News Breaks for February 6, 2018
CRM
Feb 6, 2018 | 07:34 EDT
UBS analyst Jennifer Lowe noted Salesforce bears point to the company's investments as a headwind to long-term profits, but she believes the company can drive margins above Street expectations while maintaining its greater than 20% growth. The analyst feels the stock price undervalues the company's growth and free cash flow margin expansion potential. Lowe reiterated her Buy rating and $135 price target on Salesforce shares.
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