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CRM

Salesforce

$73.25

0.46 (0.63%)

12:00
01/06/17
01/06
12:00
01/06/17
12:00

Salesforce CFO Mark Hawkins sells 25,874 shares of common stock

According to a regulatory filing, Salesforce CFO Mark Hawkins sold 25,874 shares of common stock on January 4 at an average price of $72.00 per share.

  • 11

    Jan

CRM Salesforce
$73.25

0.46 (0.63%)

01/04/17
PIPR
01/04/17
NO CHANGE
PIPR
Piper lays out top Technology picks for 2017
Piper Jaffray analyst Troy Jensen laid out his top Technology picks for 2017. He highlights stocks within the Security, Optical and Enterprise Software sectors as top picks. Jensen's top large-cap picks in Security are Symantec (SYMC) and Palo Alto Networks (PANW). His top small-cap Security pick is Proofpoint (PFPT). In Optics, the analyst's top picks are Ciena (CIEN), Finisar (FNSR) and Lumentum (LITE). In Enterprise, Jensen likes Salesforce (CRM), Ultimate Software (ULTI) and HubSpot (HUBS).
01/04/17
ADAM
01/04/17
NO CHANGE
Target $95
ADAM
Buy
Canaccord does not believe Salesforce will pursue large M&A
Canaccord analyst Richard Davis believes investors are concerned Salesforce has come unglued in search of large M&A deals. He sees no $4B targets that make sense and rather sees more small tuck-in acquisitions, leaving the odds of a large deal rather low. Davis continues to recommend the shares at current levels and calls Salesforce one of his top large-cap picks. He reiterated his Buy rating and $95 price target on Salesforce shares.
01/05/17
01/05/17
NO CHANGE

Pacific Crest names top cloud stocks for 2017
Pacific Crest analyst Brent Bracelin remains upbeat on cloud application pure plays, citing his belief that public cloud spending is poised to triple by 2020. He identifies the following cloud application software stocks as having the best risk/reward ratio and the best chances of success: Microsoft (MSFT), Adobe (ADBE), Salesforce (CRM), Veeva (VEEV), Ellie Mae (ELLI), Twilio (TWLO), and HubSpot (HUBS).
01/06/17
WEDB
01/06/17
NO CHANGE
WEDB
Wedbush more positive on 2017 software spending trends
Wedbush analyst Steve Koenig says his firm's 2017 IT Spending Survey should soothe fears that macro uncertainty caused by the U.S. presidential election will negatively impact IT budgets. The analyst thinks recent disappointments from Workday (WDAY), Oracle (ORCL), Red Hat (RHT), and other software vendors were more company-specific than the management teams were willing to admit. As a result of the survey, Koenig has a more positive view of 2017 software spending trends, and thinks beneficiaries will include well-positioned cybersecurity vendors and cloud vendors. He notes that Proofpoint (PFPT) is a Wedbush Best Idea and his top software pick for 2017 along with salesforce.com (CRM).

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