Analysts: Salesforce’s Outlook Is Positive and 3 More Research Notes to Browse
Salesforce.com Inc. (NYSE:CRM): Raymond James upgraded Salesforce.com to Strong Buy from Outperform and is increasingly confident following last week’s Customer Company Tour in Atlanta, combined with favorable fundamentals; the firm raised the price target for Salesforce.com shares to $64 from $55.
ArcelorMittal (NYSE:MT): Deutsche Bank upgraded ArcelorMittal to Buy from Hold, noting an attractive risk/reward in a recovery scenario; the firm raised its price target ArcelorMittal shares to $19 from $13.50.
Goodyear Tire & Rubber Co. (NYSE:GT): Deutsche Bank downgraded Goodyear to Hold from Buy, noting that caution should be exercised given the potential for margin expansion; the firm lowered its price target Goodyear shares to $26 from $29.
Mead Johnson (NYSE:MJN): Citigroup upgraded Mead Johnson to Buy from Neutral and added the stock to its Focus List, citing market share gains in China and expectations for better than expected third quarter results; Citigroup raised its price target Mead Johnson shares to $95 from $77.