'Thesis has changed': Salesforce (CRM) stock selloff extends on analyst downgrade

salesforce.com (CRM) PT Lowered to $164 at Citi

Citi analyst Tyler Radke lowered the price target on salesforce.com (NYSE: CRM) to $164.00 (from $170.00) while maintaining a Neutral rating.... More

salesforce.com (CRM) PT Lowered to $200 at BofA Securities

BofA Securities analyst Brad Sills lowered the price target on salesforce.com (NYSE: CRM) to $200.00 (from $210.00) while maintaining a Buy rating.

salesforce.com (CRM) PT Lowered to $195 at Cowen

Cowen analyst Derrick Wood lowered the price target on salesforce.com (NYSE: CRM) to $195.00 (from $210.00) while maintaining a Outperform rating.... More

salesforce.com (CRM) PT Lowered to $230 at Jefferies

Jefferies analyst Brent Thill lowered the price target on salesforce.com (NYSE: CRM) to $230.00 (from $240.00) while maintaining a Buy rating.... More

salesforce.com (CRM) PT Lowered to $210 at Truist Securities

Truist Securities lowered its price target on salesforce.com (NYSE: CRM) to $210.00 (from $240.00) while maintaining a Buy rating.... More

salesforce.com (CRM) PT Lowered to $180 at Canaccord Genuity

Canaccord Genuity analyst David Hynes Jr. lowered the price target on salesforce.com (NYSE: CRM) to $180.00 (from $215.00) while maintaining a Buy rating.... More

salesforce.com (CRM) PT Lowered to $200 at JPMorgan

JPMorgan analyst Mark Murphy lowered the price target on salesforce.com (NYSE: CRM) to $200.00 (from $245.00) while maintaining a Overweight rating.... More

salesforce.com (CRM) PT Lowered to $200 at Deutsche Bank

Deutsche Bank analyst Brad Zelnick lowered the price target on salesforce.com (NYSE: CRM) to $200.00 (from $220.00) while maintaining a Buy rating.... More

salesforce.com (CRM) PT Lowered to $175 at Wells Fargo

Wells Fargo analyst Michael Turrin lowered the price target on salesforce.com (NYSE: CRM) to $175.00 (from $190.00) while maintaining a Overweight rating.... More

salesforce.com (CRM) PT Lowered to $172 at BMO Capital

BMO Capital analyst Keith Bachman lowered the price target on salesforce.com (NYSE: CRM) to $172.00 (from $180.00) while maintaining a Outperform rating.... More

salesforce.com (CRM) PT Lowered to $200 at Baird

Baird analyst Rob Oliver lowered the price target on salesforce.com (NYSE: CRM) to $200.00 (from $210.00) while maintaining a Outperform rating.... More

salesforce.com (CRM) PT Lowered to $200 at Mizuho Securities

Mizuho Securities analyst Gregg Moskowitz lowered the price target on salesforce.com (NYSE: CRM) to $200.00 (from $225.00) while maintaining a Buy rating.... More

salesforce.com (CRM) PT Lowered to $162 at UBS

UBS analyst Karl Keirstead lowered the price target on salesforce.com (NYSE: CRM) to $162.00 (from $180.00) while maintaining a Neutral rating.... More

salesforce.com (CRM) PT Lowered to $200 at Wedbush

Wedbush analyst Daniel Ives lowered the price target on salesforce.com (NYSE: CRM) to $200.00 (from $215.00) while maintaining a Outperform rating.... More

Salesforce (CRM) drops after soft results, MS sees attractive valuation

Shares of Salesforce (NYSE: CRM) are down about 6.5% in pre-open Thursday after the company reported soft results for its third quarter.

CRM posted adjusted EPS of $1.40 on revenue of $7.84 billion, topping the consensus of earnings of $1.22 per share on revenue of $7.83B. Overall, revenue rose 14% year-over-year (+19% on a constant currency basis) as subscription and support revenues increased by 13% to $7.23B.

For this quarter, CRM said it expects EPS between $1.35-1.37, ahead of the... More

salesforce.com (CRM) PT Lowered to $200 at RBC Capital

RBC Capital analyst Alex Zukin lowered the price target on salesforce.com (NYSE: CRM) to $200.00 (from $235.00) while maintaining a Outperform rating.... More

salesforce.com (CRM) PT Lowered to $200 at Raymond James

Raymond James analyst Brian Peterson lowered the price target on salesforce.com (NYSE: CRM) to $200.00 (from $225.00) while maintaining a Strong Buy rating.... More

salesforce.com (CRM) PT Lowered to $185 at Oppenheimer

Oppenheimer analyst Brian Schwartz lowered the price target on salesforce.com (NYSE: CRM) to $185.00 (from $200.00) while maintaining a Outperform rating.... More

salesforce.com (CRM) PT Lowered to $180 at Barclays

Barclays analyst Raimo Lenschow lowered the price target on salesforce.com (NYSE: CRM) to $180.00 (from $193.00) while maintaining a Overweight rating.... More

salesforce.com (CRM) PT Lowered to $200 at Atlantic Equities

Atlantic Equities analyst Peter Sazel lowered the price target on salesforce.com (NYSE: CRM) to $200.00 (from $225.00) while maintaining a Overweight rating.... More

salesforce.com (CRM) PT Lowered to $175 at Stifel

Stifel analyst Parker Lane lowered the price target on salesforce.com (NYSE: CRM) to $175.00 (from $185.00) while maintaining a Buy rating.... More