Salesforce Stock - Monness Crespi upgrade to Buy
19.06.2026 - 14:06:25 | ad-hoc-news.de
Edited by ad hoc news Sector & Peer-Group Desk. Verified prior to publication on 06/19/2026, 14:04 CET. Details in the imprint.
Salesforce (US79466L3024) drew analyst attention on Friday after Monness Crespi upgraded the stock from Neutral to Buy and set a $200 price target, according to a summary of Wall Street calls citing The Fly. The move comes at the end of a volatile week for large-cap software names.
All news and analysis on Salesforce stock
Background pieces, price data and regulatory filings provide additional context around the latest analyst move on Salesforce.
What the Monness call says
The upgrade from Monness Crespi lifts Salesforce from a Neutral stance to Buy, with the price target set at $200 per share. The research note, summarized by The Fly, highlights the stock’s valuation reset after recent weakness and points to ongoing demand for cloud-based CRM tools.
Salesforce shares closed at $151.80 on the New York Stock Exchange on 06/18/2026, implying roughly 32% upside to the new target at that time, based on consolidated quote data. The company’s market capitalization stood near $124.3 billion around that close.
How Salesforce fared this week
Over the week, large-cap software names traded with a soft tone, with Salesforce shares declining on Thursday’s close by just over 2%, according to end-of-day data. That move roughly tracked weakness in broader software and cloud baskets as investors rotated within technology.
On a five-session view, Salesforce underperformed some SaaS peers but remained broadly aligned with the wider Standard & Poor's 500 index’s information technology segment, based on sector performance snapshots from major market data providers. Against this backdrop, a fresh Buy rating stands out as a supportive signal into the next earnings cycle.
The product behind the stock
Salesforce generates most of its revenue from its Customer 360 platform, centered on the flagship Sales Cloud and Service Cloud applications that help enterprises manage customer relationships, sales pipelines and support workflows, supplemented by Marketing Cloud and data analytics offerings.
Where the stock trades today
Salesforce shares (US79466L3024) trade on the New York Stock Exchange at $151.80 as of 06/18/2026, 16:00 ET.
Key facts on Salesforce stock
- Company: Salesforce, Inc.
- ISIN: US79466L3024
- WKN: A0B87V
- Ticker: CRM
- Venue: NYSE
- Price (as of 06/18/2026, 16:00 ET): 151.80 USD
- Market cap: 124.31 billion USD (as of 06/18/2026)
- Sector / Industry: Information Technology / Application Software
- Index membership: Standard & Poor's 500 index, Dow Jones Industrial Average
- Next earnings date: not officially scheduled
This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.
