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Passfail.com News: Analyst Moves: CRM, ARO, PGR

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Published on Mar 28, 2012

This morning, Canaccord increased its price target on shares of Salesforce.com (CRM) to $180 as the company continues to exhibit strong growth trends. With the higher price target, Canaccord reiterated its buy rating.

Shares of CRM were higher on the news, gaining 0.8% so far.

Wedbush upgraded shares of Aeropostale (ARO) from neutral to outperform as the retailer's mix of women's clothing is performing well this season. With the upgrade, Wedbush set a price target of $26 per share.

Shares of Aeropostale were higher on Wednesday, picking up 2.3%.

And Credit Suisse upgraded shares of Progressive (PGR) from neutral to outperform as growth is likely to increase over the next few quarters. With the upgraded, Credit Suisse set a price target of $26 per share.

In morning trading, shares of PGR were higher, gaining 0.4% today.

This is Sayoko Murase for Passfail.com, taking you behind the ticker.


For Passfail.com, Behind The Ticker (TM)
Pass Fail News

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