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CRM

Salesforce

$189.00 /

-4.36 (-2.25%)

12:48
02/21/20
02/21
12:48
02/21/20
12:48

Salesforce price target raised to $210 from $195 at Stifel

Stifel analyst Tom Roderick raised the firm's price target on Salesforce to $210 from $195 following checks that pointed to "a solid and steady fundamental environment and outlook" for Salesforce as well as the broader group. His checks are indicating that Salesforce has taken an even more aggressive strategy with its Enterprise License Agreements, or ELAs, and he has heard that the strategy is resonating, with Salesforce said to have signed over 5 ELAs with Fortune 100 companies in Q4, according to Roderick. He keeps a Buy rating on the shares ahead of the company's upcoming earnings report, due on February 25.

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CRM Salesforce
$189.00 /

-4.36 (-2.25%)

02/21/20 BMO Capital
Salesforce price target raised to $220 from $210 at BMO Capital
02/21/20 UBS
Salesforce price target raised to $230 from $190 at UBS
02/20/20 RBC Capital
Salesforce price target raised to $230 from $215 at RBC Capital
02/19/20 Wedbush
Salesforce price target raised to $217 from $192 at Wedbush

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Cole Hatton, a co-inventor of Juul Labs' e-cigarette, left the company this week, Bloomberg's Lauren Etter reports, citing people familiar with the matter. Hatton, who was Juul's principal engineer and one of the company's first employees, is also named on the patent for the Juul device as a co-inventor, Etter notes. The Fly notes that Juul is 35% owned by Altria. Reference Link

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