Mizuho Securities Reiterates Buy on Salesforce.com (CRM) Ahead of 1Q Report
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Jefferies Raises Price Target on salesforce.com (CRM) Ahead of 1Q Report
May 17, 2016 7:19 AM EDTJefferies reiterated a Hold rating on salesforce.com (NYSE: CRM), and raised the price target to $74.00 (from $60.00), ahead of the company's 1Q earnings report. Jefferies is expecting total revenue to reach $1.900B, beating the Street's $1.893B and $1.885B-$1.895B guidance. CRM is scheduled... More
Salesforce's AWS Deal Could Eventually Lead to a Merger Deal of Some Sort - Piper Jaffray (CRM) (AMZN)
May 13, 2016 7:15 AM EDTNews sources reported that salesforce.com (NYSE: CRM) will be building its new IoT offering on Amazon's (NASDAQ: AMZN) AWS, a notable shift in the software development world. Piper Jaffray analyst, Alex J. Zukin, believes this deal could represent just the tip of the iceberg and comes on... More
Salesforce (CRM): No Urgency to Buy Before Earnings - Wedbush
May 12, 2016 7:22 AM EDTWedbush analyst, Steve Koenig, views the current entry point for salesforce.com (NYSE: CRM) shares as compelling on a 12-month basis, due to an outlook for sustained 20%+ growth, attractive trading multiples (28x EV/FCF on CY17E), healthy FCF generation, strong market position and... More
