Salesforce Announces Record First Quarter Fiscal 2019 Results
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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
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
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
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
