2 Cloud Stocks Soaring After Upgrades
salesforce(CRM) Schaeffers Investment Research·2025-01-17 14:20
Shares of Salesforce and Cloudflare are reacting positively to new "buy" ratingsCloud-software stocks Salesforce Inc (NYSE:CRM) and Cloudflare Inc (NYSE:NET) are getting bullish attention today.TD Cowen upgraded Salesforce stock to "buy" from "hold" and raised its price target to $400 from $380, citing a "compelling entry point" after the stock’s 8.8% pullback over the past month. In response, CRM is up 2.2% premarket, as it looks to reclaim its Dec. 4 all-time high of $369.Meanwhile, Cloudflare stock is up ...