Salesforce Announces Record Third Quarter Revenue, Raises Full Year Fiscal 2018 Revenue Guidance
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salesforce.com (CRM) PT Raised to $130 at Canaccord Genuity
November 22, 2017 9:18 AM ESTCanaccord Genuity raised its price target on salesforce.com (NYSE: CRM) to $130.00 (from $120.00) while maintaining a Buy rating following the company's 3Q. CRM reported FQ3 revenue and non-GAAP EPS of $2.68B and $0.39, which were respectively $30M and a $0.02 ahead of estimates.
Canaccord... More
salesforce.com (CRM) PT Raised to $122 at Goldman Sachs Following 3Q Release
November 22, 2017 9:12 AM ESTGoldman Sachs raised its price target on salesforce.com (NYSE: CRM) to $122.00 (from $110.00) while maintaining a Buy rating following the company's 3Q earnings report. CRM reported revenue of $2.68bn, above consensus of $2.65bn and guidance of $2.64-2.65bn. Non-GAAP EPS of $0.39 compared to FactSet... More
salesforce.com (CRM) PT Raised to $124 at KeyBanc Following 3Q
November 22, 2017 9:03 AM ESTKeyBanc raised its price target on salesforce.com (NYSE: CRM) to $124.00 (from $108.00) while maintaining a Overweight rating following the company's 3Q earnings report. Salesforce delivered another solid quarter with upside driven by 25% revenue growth and 59% EPS growth, in part driven by healthy margin... More
Mizuho Securities Reiterates Buy on salesforce.com (CRM) Following 3Q
November 22, 2017 8:48 AM ESTMizuho Securities reiterates Buy rating and $120.00 price target on salesforce.com (NYSE: CRM) following the company's 3Q release. Salesforce.com reported total revenues of $2.68bn, above consensus of $2.65bn. EPS of $0.39 was ahead of consensus of $0.37 as well.
Management guided FY18 revenues to... More
salesforce.com (CRM) PT Raised to $135 at Piper Jaffray Following 3Q
November 22, 2017 8:34 AM ESTPiper Jaffray raised its price target on salesforce.com (NYSE: CRM) to $135.00 (from $130.00) while maintaining an Overweight rating. Salesforce posted a very strong third quarter, highlighted by billings of $2.25 billion vs consensus at $2.02 billion. The strong quarter was also evidenced by a steep... More
salesforce.com (CRM) PT Raised to $122 at SunTrust Robinson Humphrey Following 3Q
November 22, 2017 8:28 AM ESTSunTrust Robinson Humphrey raised its price target on salesforce.com (NYSE: CRM) to $122.00 (from $114.00) while maintaining a Buy rating following the company's 3Q earnings report. The company reported solid 3Q18 results with revenue, operating margin, EPS and billings above consensus. 3Q18 total revenue of... More
salesforce.com (CRM) PT Raised to $130 at Wells Fargo Following 3Q Beat
November 22, 2017 8:19 AM ESTWells Fargo raised its price target on salesforce.com (NYSE: CRM) to $130.00 (from $120.00) while maintaining a Outperform rating following the company's 3Q earnings report. Salesforce.com reported EPS of $0.39 and $2.680 billion in revenue versus consensus of $0.37 and $2.651 billion. Billings equaled $2.253 billion versus consensus of $2.001... More
