Virgin Media Chooses Salesforce to Make Omni-Channel Customer Experience a Reality
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MKM Partners Raises Price Target on salesforce.com (CRM) Following 1Q Earnings
May 19, 2016 10:52 AM EDTMKM Partners reiterated a Buy rating on salesforce.com (NYSE: CRM), and raised the price target to $96.00 (from $86.00), following the company's 1Q earnings report. Reported billings of $1,632mn easily beat the consensus estimates of $1,458mn, and grew 31% Y/Y vs. guidance of 11-14%. Billings were likely aided by the broad price... More
Brean Capital Raises Price Target on salesforce.com (CRM) Following a Strong Billings Quarter
May 19, 2016 10:10 AM EDTBrean Capital reiterated a Buy rating on salesforce.com (NYSE: CRM), and raised the price target to $110.00 (from $100.00), following the company's 1Q earnings report. SFDC beat the Street's estimates for billings, revenue and cash flow. The company's 31% y/y billings growth was driven by strength in large deal activity including one nine-figure transaction.
Analyst Yun Kim commented,... More
UBS Raises Price Target on salesforce.com (CRM) Following a Strong 1Q
May 19, 2016 9:44 AM EDTUBS reiterated a Buy rating on salesforce.com (NYSE: CRM), and raised the price target to $100.00 (from $92.00), following the company's 1Q earnings report. Revenues of $1,917M beat the Street's $1,893M estimate as well as guidance of $1,885-1,895M. EPS was reported at $0.24, in line with the Street's $0.23, and at the high end of the... More
Mizuho Securities Raises Price Target on salesforce.com (CRM) Following 1Q Beat
May 19, 2016 9:09 AM EDTMizuho Securities reiterated a Buy rating on salesforce.com (NYSE: CRM), and raised the price target to $100.00 (from $90.00), following the company's 1Q earnings report. The company posted revenues of $1.92bn vs consensus of $1.89bn with most of the upside coming from subscriptions. Management reported... More
