Salesforce Announces Record Q2 Earnings, Surpasses $10B Run Rate Milestone Faster Than Any Enterprise Software Company in History

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Go back to Salesforce Announces Record Q2 Earnings, Surpasses $10B Run Rate Milestone Faster Than Any Enterprise Software Company in History

salesforce.com (CRM) PT Raised to $84 at Jefferies

August 23, 2017 6:53 AM EDT

Jefferies raised its price target on salesforce.com (NYSE: CRM) to $84.00 (from $80.00) while maintaining a Hold rating following Q2 results which showed top-line momentum. The said bottom-line future remains unclear.

Analyst John DiFucci commented, "CRM exceeded F2Q expectations for all... More

salesforce.com (CRM) PT Raised to $110 at Mizuho Securities

August 23, 2017 6:10 AM EDT

Mizuho Securities raised its price target on salesforce.com (NYSE: CRM) to $110.00 (from $100.00) while maintaining a Buy rating following solid Q2 results.

Analyst Abhey Lamba highlighted that deferreds and off-balance sheet backlog performance was very strong, owing to ongoing share gains and... More

salesforce.com (CRM) Tops Q2 EPS by 1c; Raises Revenue Outlook

August 22, 2017 4:06 PM EDT

salesforce.com (NYSE: CRM) reported Q2 EPS of $0.33, $0.01 better than the analyst estimate of $0.32. Revenue for the quarter came in at $2.56 billion versus the consensus estimate of $2.51 billion.

"We had a phenomenal quarter of growth, reaching a huge milestone for the company, becoming... More