Argus analyst Joseph Bonner raised the firm's price target on Salesforce to $215 from $180 and keeps a Buy rating on the shares. The analyst notes that the company's Q4 was "strong", even though timing issues and acquisition integration costs saw its profitability fall 5% from last year. Bonner remains positive on the company's positioning to "exploit the secular trends" in enterprise software toward enterprise digital transformation focused on customer experience and software-as-a-service cloud solutions. The analyst further notes that Salesforce is gaining market share as it "rapidly" innovates across enterprise CRM space.

Morgan Stanley notes that Salesforce (CRM) management has advised investors that strategic M&A would be coming back into the company's toolkit at some point and recent press speculation about the company being in advanced talks to buy Informatica (INFA) suggests the company "may be ready to break the ice." While any significant M&A brings execution risks and "increased angst from investors still harboring memories of prior expensive deals," the analyst says a rumored transaction with Informatica, if it were to be confirmed and the deal were to be struck around a $12B enterprise value, looks to meet Salesforce's "criteria for responsible M&A." The firm, which sees potential for a complementary expansion that further buttresses the capabilities of Mulesoft and Data Cloud, has an Overweight rating and $350 price target on Salesforce shares.

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here

Welcome to "Fly Insider," The Fly's weekly recap of notable insider stock transactions. NOTABLE INSIDER PURCHASES:... To see the rest of the story go to thefly.com. See Story Here

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here

Check out this morning's top movers from around Wall Street, compiled by The Fly. HIGHER - Snap... To see the rest of the story go to thefly.com. See Story Here