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Fly News Breaks for December 4, 2019
CRM
Dec 4, 2019 | 07:38 EDT
Canaccord analyst Richard Davis said Salesforce remains his favorite large-cap core holding as it has the top market share in every feature set that closes the vendor gap, they are growing revenue and free cash flow at 20% and 25% for the next few years, and its valuation still appears reasonable. Davis reiterated his Buy rating and $185 price target on Salesforce shares.
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