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Barchart
Wajeeh Khan

JPMorgan Just Upgraded Salesforce Stock. Here's Why.

Salesforce JPMorgan JPM CRM Samik Chatterjee

Salesforce (CRM) stock opened in the green on Thursday morning after a senior JPMorgan analyst said the software giant is trading at an attractive valuation multiple.

In a research note on Aug. 13, Samik Chatterjee upgraded CRM to “Overweight” and announced a $250 price target that indicates potential upside of more than 30% from here.

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