salesforce.com, Inc. (CRM) Tops Q1 EPS by 1c; Guides Q2, FY15

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Go back to salesforce.com, Inc. (CRM) Tops Q1 EPS by 1c; Guides Q2, FY15

Goldman Sachs Comments on salesforce.com's (CRM) Q1; Analyst Reiterates CL-Buy

May 21, 2014 8:17 AM EDT

Goldman Sachs reiterated a Conviction Buy on salesforce.com (NYSE: CRM) with a price target of $74. Comments follow strong Q1 results.

Analyst Heather Bellini said, "Revenue of $1.227bn grew +37% yoy versus consensus of $1.209bn (+35% yoy) while non-GAAP EPS of $0.11 was a penny better than the Street. Guidance for the quarter was for revenue to fall within a range of $1.205bn -... More

salesforce.com (CRM) Off to a Great Start, Needham & Company; PT Reduced to $70

May 21, 2014 7:10 AM EDT

Needham & Company analyst Michael Huang reiterated a Buy rating on salesforce.com (NYSE: CRM) following Q1 results but trimmed its price target to $70.00 (from $80.00)

Huang comments, "Q1 was rock solid across the board and a strong start to the year, which certainly... More