Salesforce Announces Record First Quarter Fiscal 2019 Results

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salesforce.com (CRM) PT Raised to $155 at Credit Suisse

May 30, 2018 7:59 AM EDT

Credit Suisse raised its price target on salesforce.com (NYSE: CRM) to $155.00 (from $150.00) while maintaining an Outperform rating following strong Q1 results and FY19 guidance.

Analyst B. Zelnick notes Salesforce remains a Top Pick as enterprises continue investing in intelligent applications, specifically systems of... More

salesforce.com (CRM) PT Raised to $146 at RBC Capital

May 30, 2018 6:59 AM EDT

RBC Capital raised its price target on salesforce.com (NYSE: CRM) to $146.00 (from $130.00) while maintaining an Outperform rating.

Analyst Ross MacMillan raises estimates to reflect the impact from MULE and new accounting standards.

Meanwhile, underlying growth was raised for FY19... More

salesforce.com (CRM) PT Raised to $140 at JPMorgan Following 1Q Report

May 30, 2018 6:47 AM EDT

JPMorgan raised its price target on salesforce.com (NYSE: CRM) to $140.00 (from $130.00) while maintaining a Overweight rating following the company's 1Q earnings report. Results take time to sift through as salesforce incorporated three new accounting standards and closed the MuleSoft acquisition a few... More

salesforce.com (CRM) Tops Q1 EPS by 28c, Offers Q2 and FY Guidance

May 29, 2018 4:08 PM EDT

salesforce.com (NYSE: CRM) reported Q1 EPS of $0.74, $0.28 better than the analyst estimate of $0.46. Revenue for the quarter came in at $3.01 billion versus the consensus estimate of $2.94 billion.

GUIDANCE:

salesforce.com sees Q2 2019 EPS of $0.46-$0.47, versus the consensus of... More