Roth Capital Downgrades salesforce.com (CRM) to Neutral

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

November 22, 2017 9:18 AM EST

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

November 22, 2017 9:12 AM EST

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

November 22, 2017 9:03 AM EST

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

November 22, 2017 8:48 AM EST

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

November 22, 2017 8:34 AM EST

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

November 22, 2017 8:28 AM EST

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 Canaccord Genuity on 3Q Report; 'No Hesitation Recommending at Current Levels'

November 22, 2017 8:25 AM EST

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 third quarter earnings report.

Analyst Richard Davis notes a positive outlook on the shares, as the company reported third quarter earnings per share... More

salesforce.com (CRM) PT Raised to $130 at Wells Fargo Following 3Q Beat

November 22, 2017 8:19 AM EST

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 $129 at Drexel Hamilton; Best Way to Play Could

November 22, 2017 8:03 AM EST

Drexel Hamilton raised its price target on salesforce.com (NYSE: CRM) to $129.00 (from $120.00) while maintaining a Buy rating following another strong quarter and outlook.

Analyst Brian White called the results "excellent" and views the cloud trend as still in the early stages... More

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

November 22, 2017 7:54 AM EST

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

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

November 22, 2017 6:42 AM EST

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'

November 22, 2017 5:29 AM EST

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

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

November 21, 2017 4:07 PM EST

salesforce.com (NYSE: CRM) reported Q3 EPS of $0.39, $0.02 better than the analyst estimate of $0.37. Revenue for the quarter came in at $2.68 billion versus the consensus estimate of $2.65 billion.

As of November 21, 2017, the company is initiating revenue, earnings per share, and deferred revenue guidancefor its fourth quarter of fiscal year 2018. In addition, the company is raising its full fiscal year 2018 revenue... More