salesforce.com (CRM) Bullish Stance Reiterated BofA/Merrill Lynch on Strong Fundamentals
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salesforce.com (CRM) Q2 Beat on Key Metrics - Nomura Securities
August 22, 2014 9:13 AM EDTNomura Securities analyst Rick Sherlund reiterated a Buy rating and $65 price target on salesforce.com (NYSE: CRM) following Q2 results which beat on key metrics.
Sherlund commented, "Revenue growth of 38% (we estimate 28% organic) was ahead of expectations of 35%. Billings growth of 33% (we estimate 28%... More
salesforce.com (CRM) Q2 'Solid' Across the Board, Needham & Company Says
August 22, 2014 7:34 AM EDTNeedham & Company analyst Michael Huang reiterated a Buy rating and $70 price target on salesforce.com (NYSE: CRM) following a solid across-the-board quarter.
Huang commented, "Q2 was solid across the board, which suggests the health of fundamentals and secular trends. Were encouraged... More
Salesforce (CRM) CL-Buy Rating Reiterated at Goldman Sachs
August 22, 2014 7:27 AM EDTGoldman Sachs maintained a Conviction Buy rating on salesforce.com (NYSE: CRM) with a price target of $74. Comments follow Q2 results. Analyst Heather Bellini noted potential for acceleration in organic growth.
"As expected, key metrics showed slight upside versus expectations. Revenue of $1.32bn (+38% yoy, 7.5% qoq) beat consensus estimates by $29mn,... More
salesforce.com (CRM) Price Target Raised to $70 at Deutsche Bank
August 22, 2014 6:59 AM EDTDeutsche Bank reiterated a Buy rating on salesforce.com (NYSE: CRM) and raised its price target to $70.00 (from $65.00). The change follows Q2 results and guidance. Analyst Karl Keirstead thinks set-up heading into the second half has improved.
"Salesforce.com (SFDC) grew billings by 33% in 2QF15 (we estimate organic ex- ET billings... More
Salesforce.com, Inc. (CRM) Tops Q2 EPS by 1c; Issues Inline Q3 EPS Outlook
August 21, 2014 4:06 PM EDTSalesforce.com, Inc. (NYSE: CRM) reported Q2 EPS of $0.13, $0.01 better than the analyst estimate of $0.12. Revenue for the quarter came in at $1.32 billion versus the consensus estimate of $1.29 billion.
"Salesforce.com continues to be the fastest growing top 10 software company with 38% year-over-year growth in... More
