Salesforce: Have You Seen The Latest Price Target Upgrade?

Having hit a fresh high back in March, investors in Salesforce Inc (NYSE: CRM) would have been forgiven for thinking the uptrend was set to continue. The ever-popular enterprise software platform had rallied 150% to get there. But whereas the rest of the market continued to rally into, and through, the summer, Salesforce shares had shed about 35% of their value by the start of May.

And while the tech titan has managed to trend upwards consistently since then, it's still a ways off March's high. However, as we head into the last couple of weeks of the year, there are reasons to think it might not be too long before Salesforce is back at those levels, if not beyond them.

Chief among them is the host of heavyweight analysts who consider the stock to be a roaring buy and who have been pushing some seriously bullish price targets. Let's jump in and take a closer look.

Bullish Analyst Ratings 

Starting with MarketBeat's Analyst Forecast tool, we can see that out of 38 analyst ratings on Salesforce shares, 29 have it rated Buy. Looking at some of the more recent voices in the bulls camp, there's the Piper ...

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