CRM has engaged in advanced acquisition talks with Slack (WORK) as a strategic defense to increasing competition from Microsoft and Google. Since the news, WORK has soared 39.45% while CRM is down 3.75%. Coming off of a 115% earnings beat last quarter, and current analysts median price targets at 285 (implying 15% upside from Friday close) look for movement early in the week ahead of the earnings release Tuesday AMC.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.