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Salesforce stock hits records after analyst price target hikes

Wallace Witkowski

Salesforce.com Inc. (crm) shares rallied to an all-time high Wednesday and were on track for their highest close ever following a round of price target hikes from analysts. Shares of Salesforce hit an intraday high of $145.64, and were last up 2.2% at $145.57, which would be a new closing record for the stock. On Tuesday, Oppenheimer analyst Brian Schwartz hiked his price target on Salesforce to $160 from $152, adding to a series of July price target hikes.