Pre-Earnings Look At Struggling Salesforce Stock

Customer relationship management system provider Salesforce (CRM) is entering the earnings confessional after the close on Tuesday, Dec. 3. The shares are brushing off a price-target hike from Citigroup to $368 from $290 ahead of the event, last seen down 3.5% to trade at $331.32.Support from the 20-day moving average has helped capture multiple pullbacks over the past few months, though the equity is eyeing its second day of losses this week. Longer term, Salesforce stock sports a 25.7% year-to-date gain.C ...