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Fly News Breaks for August 15, 2018
CRM
Aug 15, 2018 | 07:50 EDT
Credit Suisse analyst Brad Zelnick raised his price target for Salesforce to $170 from $155, while reiterating an Outperform rating on the shares. The analyst remains constructive heading into Q2 results as he expects the company to maintain its last several quarters of strong momentum. Just as the enormity of the broader CX opportunity has proven far greater than expected over the past decade, Zelnick believes deeper penetration and integration within the enterprise remains a massive opportunity which the company is successfully capturing.
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