salesforce.com (CRM) Bullish Stance Reiterated at Needham & Company Amid Solid Q3

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Go back to salesforce.com (CRM) Bullish Stance Reiterated at Needham & Company Amid Solid Q3

Buy salesforce.com (CRM) on Pullback Following Q3 Results, Says Goldman Sachs

November 20, 2014 8:41 AM EST

Goldman 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) Tops Q3 EPS by 1c

November 19, 2014 4:07 PM EST

(Updated - November 19, 2014 4:10 PM EST)

salesforce.com (NYSE: CRM) reported Q3 EPS of $0.14, $0.01 better than the analyst estimate of $0.13. Revenue for the quarter came in at $1.38 billion versus the consensus estimate of $1.37 billion.

salesforce.com sees FY2015 revenue of $5.365-5.37 billion, versus the... More