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Why the Options Market Envisions Upside for Salesforce Stock (CRM)

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Summary
Nutrition label

77% Informative

Salesforce ( CRM ) has suffered a sizable drop over the past few months .

The smart money appears to be moving in via astute options strategies.

Despite this overhang, CRM stock is intractably relevant.

Wall Street analysts anticipate steady growth over the next two years .

Smart money is betting that CRM won't drop materially lower and simultaneously betting that it won't.

CRM stock carries a Moderate Buy consensus rating based on 30 Buy, eight Hold, and two Sell ratings.

Retail traders can front-run this dynamic with an aggressive options strategy.

CRM ’s average price target of $ 375.58 per share implies 32% upside potential over the next 12 months .

VR Score

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Article tone

semi-formal

Language

English

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52

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Time-value

medium-lived

External references

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Source diversity

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