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Fly News Breaks for October 8, 2019
CRM
Oct 8, 2019 | 05:06 EDT
Jefferies analyst Brent Thill assumed coverage of Salesforce with a Buy rating and unchanged price target of $171. The analyst last night assumed coverage of the Software industry and adjusted some of his ratings to be more defensive in light of valuation and macroeconomic concerns. However, he remains positive on the industry and believes that the fundamentals of businesses in the space are "very strong."