Morgan Stanley Maintains a Hold Rating on Salesforce (CRM)

Morgan Stanley analyst Keith Weiss maintained a Hold rating on Salesforce (CRMResearch Report) today and set a price target of $270.00. The company’s shares closed last Thursday at $224.00.

According to, Weiss is a 5-star analyst with an average return of 18.4% and a 69.2% success rate. Weiss covers the Technology sector, focusing on stocks such as SailPoint Technologies Holdings, Palantir Technologies, and Slack Technologies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Salesforce with a $279.00 average price target, representing a 23.4% upside. In a report issued on November 25, Bernstein also maintained a Hold rating on the stock with a $234.00 price target.

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The company has a one-year high of $284.50 and a one-year low of $115.29. Currently, Salesforce has an average volume of 7.04M.

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