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

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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

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

May 20, 2014 4:07 PM EDT

salesforce.com, Inc. (NYSE: CRM) reported Q1 EPS of $0.11, $0.01 better than the analyst estimate of $0.10. Revenue for the quarter came in at $1.23 billion versus the consensus estimate of $1.21 billion.

"Salesforce.com had a strong start to its fiscal year. We delivered 37% year-over-year growth in... More