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Salesforce price target lowered to $340 from $350 at Mizuho

Mizuho analyst Gregg Moskowitz lowered the firm’s price target on Salesforce (CRM) to $340 from $350 and keeps an Outperform rating on the shares as part of an earnings preview for the software group. While investor sentiment remains fairly negative, Mizuho’s software checks were very good overall, with most partners meeting or exceeding plan, the analyst tells investors in a research note.

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