salesforce (CRM) PT Lifted to $83 at Cowen; Beat Driven by Enterprise Surge
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Salesforce (CRM) PT Raised to $66 at Wedbush
February 26, 2015 8:52 AM ESTWedbush analyst Steve Koenig boosted his price target on salesforce.com (NYSE: CRM) to $66.00 (from $58.00) following Q4 results, which showed new sales activity rebounded, but maintained a Neutral rating.
Koenig commented "CRM's 4Q subscription revenue was only in line with expectations -- likely... More
'Everything is Awesome' at salesforce (CRM), Credit Suisse Says; PT Raised to $80
February 26, 2015 8:40 AM ESTCredit Suisse analyst P. Winslow reiterated an Outperform rating and boosted his price target on salesforce.com (NYSE: CRM) to target of $80.00 (from $75.00) following strong Q4 results. Winslow said "Like The LEGO Movie, Everything Is Awesome."
He commented, "Despite significant FX headwinds,... More
salesforce.com (CRM) PT Raised to $80 at Piper Jaffray
February 26, 2015 7:11 AM ESTPiper Jaffray analyst Katherine Egbert reiterated an Overweight rating and boosted her price target on salesforce.com (NYSE: CRM) to $80.00 (from $64.00) following 'beat and raise' with margin upside.
Egbert commented, "175bps in y/y operating margin improvement, combined with 28% y/y Q4... More
salesforce.com (CRM) Reports In-Line Q4 EPS; Guides Q1 EPS Below Views
February 25, 2015 4:06 PM ESTsalesforce.com (NYSE: CRM) reported Q4 EPS of $0.14, in-line with the analyst estimate of $0.14. Revenue for the quarter came rose 26% to $1.44 billion versus the consensus estimate of $1.44 billion.
Deferred revenue on the balance sheet as of January 31, 2015 was $3.32 billion, an increase of 32% year-over-year, and 35%... More
