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Stock impact report

Wall Street Bullish on ?Salesforce (CRM), Here's Why [Yahoo! Finance]

Salesforce.com Inc (CRM) 
Last salesforce.com inc earnings: 2/25 04:06 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Salesforce, Inc. (NYSE:CRM). Recently, on January 26, Kirk Materne from Evercore ISI reiterated a Buy rating on the stock with a $340 price target. Earlier, on January 20, Brad Zelnick from Deutsche Bank also reiterated a Buy rating on the stock but lowered the price target from $360 to $325. ?That said, on January 26, Salesforce, Inc. (NYSE:CRM) announced receiving a $5.6 billion, 10-year contract with the US Army. Management noted that the contract is an Indefinite Delivery Indefinite Quantity deal, which means that the Army can order services as needed over the decade without fixed quantities upfront. The contract comes from the company's subsidiary, Computable Insights LLC. Management highlighted that this is a significant step as it positions Salesforce's defense efficiency, using its secure cloud, data integration, and AI tools to unify siloed systems. ?Salesforce, Inc. (NYSE:CRM) is a cloud-based CRM company that has gained popularity after it unveiled its AI-powered platfo Show less Read more
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