Salesforce Announces Record Second Quarter Fiscal 2020 Results

salesforce.com (CRM) PT Raised to 'Street High' $210 at Monness, Crespi, Hardt

Monness, Crespi, Hardt analyst Brian White raised the price target on salesforce.com (NYSE: CRM) to a 'Street High' $210.00 (from $200.00) while maintaining a Buy rating following results.

The analyst commented, "Salesforce reported excellent 2Q:FY20 results and served up a strong... More

salesforce.com (CRM) PT Raised to $195 at SunTrust

SunTrust analyst Terry Tillman raised the price target on salesforce.com (NYSE: CRM) to $195.00 (from $189.00) while maintaining a Buy rating following the company's 2Q earnings report. Total revenue was $4 billion, coming in ahead of consensus at $3.96 billion. Non-GAAP EPS of $0.66 beat consensus of... More

KeyBanc Reiterates Overweight Rating on salesforce.com (CRM)

KeyBanc analyst Brent Bracelin reiterated an Overweight rating and $180.00 price target on salesforce.com (NYSE: CRM) following the company's 2Q earnings report. Revenue increased 22% y/y to $3.99B, exceeding consensus by $45M. EPS came in at $0.66, benefited by $0.11 from mark-to-market of investments.

KeyBanc... More

Stephens Reiterates Overweight Rating on salesforce.com (CRM)

Stephens analyst James Rutherford reiterated an Overweight rating and $184.00 price target on salesforce.com (NYSE: CRM)following the company's 2Q earnings report. Salesforce posted a revenue beat ($3,997 mil. vs. consensus $3,955 mil.), an adj. EPS beat (52c core vs. consensus at 47c), a billings miss... More

Salesforce (CRM) Tops Q2 EPS by 19c; Raise Outlook

Salesforce (NYSE: CRM) reported Q2 EPS of $0.66, $0.19 better than the analyst estimate of $0.47. Revenue for the quarter came in at $4 billion versus the consensus estimate of $3.95 billion.

GUIDANCE:

Salesforce sees Q3 2020 EPS of $0.65-$0.66, versus the consensus of $0.61. Salesforce sees Q3... More