salesforce.com (CRM) PT Raised to $124 at KeyBanc Following 3Q

Go back to salesforce.com (CRM) PT Raised to $124 at KeyBanc Following 3Q

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

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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Wall St. flat ahead of holiday; ISPs rise on net neutrality bets

November 22, 2017 7:46 AM EST

By Rodrigo Campos

NEW YORK (Reuters) - U.S. stocks were little changed on Wednesday, with telecom services shares among the biggest movers while the energy sector rose in line with gains in crude oil.

Verizon (NYSE: VZ) and AT&T (NYSE: T) rose 2.0 percent and 1.6 percent respectively on bets they will benefit from the U.S. government's plan to rescind net neutrality rules put in place by the Obama administration.

These stocks are up "given the end is in sight for net neutrality... More

salesforce.com (CRM) PT Raised to $125 at Macquarie

November 22, 2017 7:36 AM EST

Macquarie raised its price target on salesforce.com (NYSE: CRM) to $125.00 (from $117.00) while maintaining a Outperform rating.

Analyst Sarah Hindlian comments "We continue to view Salesforce as a core holding supported by our long-term bull case for its ability to reach >$20bn in... More

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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Roth Capital Downgrades salesforce.com (CRM) to Neutral

November 22, 2017 4:52 AM EST

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

Stocks with Implied Volatility Movement

November 22, 2017 4:40 AM EST

Options expected to have increasing volume: CRM DE HPE HPQ

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After-Hours Stock Movers 11/21: (TIVO (GME) (AXTA) Higher; (GES) (CAL) (HPE) Lower (more...)

November 21, 2017 5:47 PM EST

Today's After-Hours Movers

Guess? (NYSE: GES) 10.3% LOWER; reported Q3 Adj. EPS of $0.12, in-line with the analyst estimate of $0.12. Revenue for the quarter came in at $554.1 million versus the consensus estimate of $569.75 million. Says American Retail comps sales including eCommerce fell 10% in USD and 11% in constant currency. GUIDANCE: Sees Q$ Adj. EPS of $0.48-0.55 versus consensus of $0.52.

Caleres (NYSE: CAL) 9.7% LOWER; reported Q3 EPS of $0.80, $0.05 worse than the analyst estimate of $0.85. Revenue for the quarter came in at $774.7 million versus the... More

Salesforce forecasts profit below expectations

November 21, 2017 4:13 PM EST

By Arjun Panchadar and Salvador Rodriguez

(Reuters) - Salesforce.com Inc (NYSE: CRM) forecast fourth-quarter profit slightly below market expectations, hurting its shares even as profits and revenues rose on the back of strong demand for its cloud-based sales and marketing software.

San Francisco-based Salesforce said on Tuesday that it expected fourth-quarter adjusted profit of 32 cents to 33 cents per share and revenue of $2.80 billion to $2.81 billion.

Analysts on average were expecting a profit of 34 cents per share on revenue of $2.79 billion for the fourth quarter, according to Thomson... More

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

Salesforce (CRM) call put ratio 1.22 calls to 1 put into Q3 results

November 21, 2017 12:07 PM EST

salesforce.com (NYSE: CRM) November weekly call option implied volatility is at 58, December is at 39; compared to its 52-week range of 16 to 39 into the expected release of Q3 results tod

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Salesforce (CRM) volatility increases into Q3 and outlook

November 21, 2017 5:46 AM EST

salesforce.com (NYSE: CRM) November weekly call option implied volatility is at 56, December is at 30; compared to its 52-week range of 16 to 39 into the expected release of Q3 results on November 21.

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Salesforce (CRM) volatility flat into Q3 and outlook

November 21, 2017 5:40 AM EST

salesforce.com (NYSE: CRM) November weekly call option implied volatility is at 56, December is at 30; compared to its 52-week range of 16 to 39 into the expected release of Q3 results on November 21.

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Stocks with Implied Volatility Movement

November 21, 2017 5:02 AM EST

salesforce.com (NYSE: CRM) implied volatility index movement increasing vs. 30D HV

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Salesforce (CRM) volatility flat into Q3 and outlook

November 20, 2017 11:40 AM EST

salesforce.com (NYSE: CRM) November weekly call option implied volatility is at 28, December is at 25; compared to its 52-week range of 16 to 39 into the expected release of Q3 results on November 21.

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Options expected to have increasing volume: HRL PANW DLTR

November 20, 2017 5:41 AM EST

Options expected to have increasing volume: HRL PANW DLTR

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Stocks with Implied Volatility Movement

November 20, 2017 5:18 AM EST

salesforce.com (NYSE: CRM) implied volatility index movement increasing vs. 30D HV

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