Salesforce.com, the Customer Success Platform and world’s #1 CRM company, launched the Desk.com App Hub, empowering fast-growing SMBs to leverage customer service to accelerate growth. The new App Hub is a one-stop shop for SMBs to easily access more than 50 partner apps that help them enhance the customer service experience and accelerate growth. Utilizing partner apps that manage everything from e-commerce and email marketing, to telephony and text messaging support, Desk.com customers can deliver greater levels of customer engagement and have a single, comprehensive view of the customer. With the App Hub, SMBs now have a single, trusted location where they can quickly deploy apps that enhance customer service, without the cost and hassle of building one-off integrations. Desk.com, the all-in-one customer support app, allows fast-growing companies such as HotelTonight, SoundCloud and ZenPayroll to deliver awesome customer support and connect with customers in a whole new way.
There are currently thirty three analysts that we track that cover the stock. Of those thirty three, twenty four have a Buy rating, two have strong Buy rating and seven have a Hold rating. On a consensus basis this yields a score of 2.85 and a Buy. The combined price objective of these covering analysts is $68.42, which represents a 24.92% upside difference to the last closing price.
A recent analyst activity consisted of Nomura Reiterating rating their buy stance on the company. Nomura has a price target from $65.00 to $70.00 which represents an upside of 22.53% from the last closing price. On the date of the report, the stock closed at $54.77.
Another research firm weighing in recently was Northland Securities who also reiterated their rating on the stock. On October 10th Northland Securities upgraded their price target on the stock from $65.00 to $70, or a 3.49% upside to the current price. On the day of the report, CRM shares closed at $22.53.
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