Salesforce.com faces scrutiny as Wall St frets over cloud spending
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UBS Reiterates Buy Following a Strong 4Q by salesforce.com (CRM) - PT to $92
February 25, 2016 8:33 AM ESTUBS maintained a Buy rating on salesforce.com (NYSE: CRM), and cut the price target to $92.00 (from $96.00), following the company's 4Q results and guidance. CRM reported revenues of $1,809M, beating the Street's $1,791M estimate. EPS was reported in-line at $0.19, but at the high end of... More
Relatively In-Line Results Have Jefferies Sidelined on salesforce.com (CRM) - PT Raised to $60
February 25, 2016 7:53 AM ESTJefferies reiterated a Hold rating on salesforce.com (NYSE: CRM), and raised the price target to $60.00 (from $54.00), following the company's 4Q earnings report. Non-GAAP EPS of $0.19 was in-line with the Street's estimate. CRM's total revenue of $1.809B and subscription of $1.683B compared to Street's... More
