Salesforce sees higher quarterly, FY revenue; shares rise 7%

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salesforce.com (CRM) PT Raised to $171 at Jefferies

August 23, 2019 7:53 AM EDT

Jefferies analyst John DiFucci raised the price target on salesforce.com (NYSE: CRM) to $171.00 (from $165.00) while maintaining a Buy rating.

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

August 23, 2019 7:35 AM EDT

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)

August 23, 2019 7:30 AM EDT

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.

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Stephens Reiterates Overweight Rating on salesforce.com (CRM)

August 23, 2019 7:07 AM EDT

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