salesforce.com (CRM) Tops Q3 EPS by 1c
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Buy salesforce.com (CRM) on Pullback Following Q3 Results, Says Goldman Sachs
November 20, 2014 8:41 AM ESTGoldman Sachs maintained a Conviction Buy rating on salesforce.com (NYSE: CRM) with a price target of $74. Comments follow Q3 result. Analyst Heather Bellini said use the pullback to add to positions.
"At $58 in the aftermarket, CRM is trading at an EV of 39x CY15 forecasted FCF of $1.46 per share (prior $1.39). We would use the... More
salesforce.com (CRM) Bullish Stance Reiterated at Needham & Company Amid Solid Q3
November 20, 2014 7:28 AM ESTNeedham & Company analyst Michael Huang reiterated a Buy rating and $70 price target on salesforce.com (NYSE: CRM) following solid Q3 results.
Huang commented, "Q3 was (especially after adjusting for FX impact) highlighted by 28% y/y billings growth (in constant currency), which suggests the... More
salesforce.com (CRM) Expands Analytics Cloud Ecosystem
November 19, 2014 4:13 PM ESTsalesforce.com (NYSE: CRM) announced that it has expanded the Salesforce Analytics Cloud ecosystemopening up a new world of insights for every business user. Since launching the Analytics Cloud a month ago, more than 45 partners have joined the ecosystem. Now any custom analytics app can include industry-specific customer intelligence from the world's leading information providers, including Dun & Bradstreet, Health Market Science and Thomson Reuters. In addition, new integration providers, ISVs and SIsincluding Bluewolf, Capgemini, IBM Cast Iron and SnapLogicwill enable companies to extend analytics for almost any business need. The world's most... More
