Salesforce jumps on Roth upgrade

|By:, SA News Editor

Salesforce (CRM +3.5%) is closing in on its all-time high of $61.49 following an upgrade to Buy from Roth. Roth, whose ratings change is tied to a transfer of analyst coverage, has upped its Salesforce PT to $80.

Salesforce has held up well in the face of the recent market selloff. The company's FQ4 results are expected later this month.