Kahuna Secures $45 Million to Accelerate Growth in “Communication Automation”

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Wedbush Raises Price Target on salesforce.com (CRM) Following EPS Beat

August 21, 2015 9:47 AM EDT

Wedbush reiterated a Neutral rating on salesforce.com (NYSE: CRM), and raised the price target to $73.00 (from $72.00), following the company's 2Q16 earnings results. CRM reported 2Q16 revenue of $1,635M, above consensus of $1,598M, and above the guidance range of $1,590M - $1,600M. Non-GAAP EPS of $0.19,... More

UBS Raises Price Target on salesforce.com (CRM) to $89 Following 2Q16 Results

August 21, 2015 8:34 AM EDT

UBS reiterated a Buy rating on salesforce.com (NYSE: CRM), and raised the price target to $89.00 (from $85.00), following the company's 2Q16 earnings results. Revenue of $1,635M beat the Street's $1,599M and guidance of $1,590-1,600M. EPS of $0.19 beat Street's $0.18 estimate, and guidance of $0.17-0.18.

Analyst Brent Thill commented,... More