salesforce.com (CRM) Tops Q3 EPS by 2c, Beats on Revenues; Offers FY18 Revenue Guidance Above Consensus

salesforce.com (CRM) PT Raised to $130 at Canaccord Genuity

Canaccord 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

Goldman 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

KeyBanc 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

Mizuho 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

Piper 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

SunTrust 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

Wells 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

salesforce.com (CRM) PT Raised to $89 at Bernstein, Believes Shares Will Be Challenged As Co Struggles To Drive Material Margin Improvement

Bernstein raised its price target on salesforce.com (NYSE: CRM) to $89.00 (from $70.00) while maintaining a Underperform rating.

salesforce.com (CRM) PT Raised to $123 at Wedbush

Wedbush raised its price target on salesforce.com (NYSE: CRM) to $123.00 (from $108.00) while maintaining a Outperform rating.

Analyst Steve Koenig remains positive citing an attractive valuation . The analyst is expecting 21% revenue growth and 150bps of annual margin expansion. He raises his PT on... More

salesforce.com (CRM) PT Raised to $118 at BMO Capital, Says Quarterly Report Was 'Mostly Really Good'

BMO Capital raised its price target on salesforce.com (NYSE: CRM) to $118.00 (from $112.00) while maintaining a Outperform rating.

Roth Capital Downgrades salesforce.com (CRM) to Neutral

Roth Capital downgraded salesforce.com (NYSE: CRM) from Buy to Neutral with a price target of $112.00.

Analyst Richard Baldry steps to the sidelines noting limited upside catalysts in the NT on the back of the recent strong appreciation into the Q3... More