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Wall Street Mostly Positive On Salesforce's Q1
Wednesday, June 5, 2019 - 1:45pm | 680Cloud company salesforce.com, inc. (NYSE: CRM) reported Tuesday fiscal first-quarter results that were greeted with a mostly unanimous positive reaction from Street analysts. The Analysts Morgan Stanley's Keith Weiss maintains an Overweight rating on Salesforce's stock with an unchanged $...
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The Street Remains Bullish On Salesforce Despite Concerning Guidance
Tuesday, March 5, 2019 - 1:15pm | 866Salesforce.com, inc. (NYSE: CRM) reported fourth-quarter results that came in better than expected, but management's outlook for the first quarter missed on both the revenue and EPS lines. Here is a summary of how some of the Street's top analysts reacted to the report. The Analysts Bank...
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Rapid-Fire Pitch: Taking Cargo Personally, Freight Friend Unites Operators
Friday, December 21, 2018 - 10:32am | 401In its Marketwaves presentation Freight Friend emphasised the importance of personal relationships in the movement of freight and the need for trust in the relationship between the operating companies. Freight Friend CEO and founder Noam Frankel believes that "People drive the transportation...
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Morgan Stanley: What To Like In Salesforce's Q1
Wednesday, May 30, 2018 - 9:45am | 364salesforce.com, inc. (NYSE: CRM) reported first-quarter results Tuesday that show a strong start to fiscal 2019, while multiple encouraging data points beyond the headline numbers reinforce the bullish case for the stock, according to Morgan Stanley. The Analyst Morgan Stanley's Keith...
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Callidus Software Hit With Downgrade After SAP Buyout
Wednesday, January 31, 2018 - 3:16pm | 466Enterprise software and SaaS name Callidus Software Inc. (NASDAQ: CALD) announced an agreement Jan. 29 to be bought out by SAP SE (ADR) (NYSE: SAP)'s American unit. The Analyst B. Riley FBR analyst Kevin Liu downgraded Callidus Software from Buy to Neutral and increased the price...
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HubSpot Has Strong Fundamentals, But Upside Is Largely Priced In, Says Morgan Stanley
Tuesday, January 30, 2018 - 12:02pm | 400HubSpot Inc (NYSE: HUBS), a developer of software products for inbound marketing and sales, is an unique software asset, combining growth, profitability and a strong executive, according to Morgan Stanley. The Analyst Morgan Stanley analyst Stan Zlotsky downgraded shares of HubSpot from...
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Salesforce Gains A Bull On The Strength Of Its Growth Story
Thursday, November 9, 2017 - 3:59pm | 439salesforce.com, inc. (NYSE: CRM) continues to be one of the more hotly debated stocks among investors. Bulls would argue the company has significant runway ahead given its large addressable market. Bears argue the stock's 730-percent return over the past 10 years already factors in future...
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What Wall Street Thinks About Salesforce's Q2 Earnings
Wednesday, August 23, 2017 - 3:15pm | 674Salesforce.com, inc. (NYSE: CRM) hit a new all-time high of $94.63 Wednesday after the company managed to report a top and bottom-line beat in its second-quarter earnings. With the stock up more than 35 percent since the start of 2017 alone, are analysts optimistic there is room for further gains...
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The Party's Just Getting Started For Salesforce
Tuesday, May 16, 2017 - 9:17am | 353According to analysts at Stifel, salesforce.com, inc. (NYSE: CRM)'s 31-percent gain since the start of 2017 is just the beginning. Stifel's Tom Roderick maintains a Buy rating and $100 price target on salesforce's stock, noting that the current environment is "rewarding consistency and fundamental...
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4 Ways This Fintech Startup is Disrupting Financial Planning
Thursday, January 26, 2017 - 3:13pm | 1151It's almost that time of year. The 2017 Benzinga Global Fintech Awards is a competition to showcase the companies with the most impressive technology that are paving the future in financial services and capital markets. To get you prepared for this year's awards, Benzinga...
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The Reveal Of Salesforce's Big Bid For LinkedIn Makes This Analyst Nervous
Tuesday, August 16, 2016 - 1:47pm | 260Patrick Walravens of JMP maintained a Market Perform rating on salesforce.com, inc. (NYSE: CRM) with an unchanged $92 price target ahead of the company's Q2 earnings print on August 31. Walravens is expecting Salesforce's year-over-year billings estimate to now be $1.903 billion, an...
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Marc Benioff Explains Salesforce's $2.8 Billion Acquisition Of Demandware
Wednesday, June 1, 2016 - 1:07pm | 267salesforce.com, inc. (NYSE: CRM) announced on Wednesday it has agreed to acquire Demandware Inc (NYSE: DWRE) (NYSE: DWRE) for $75 per share, or $2.8 billion. Salesforce's CEO Marc Benioff was a guest on CNBC to discuss the acquisition. Related Link: Demandware Soars 55% After Company...
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Demandware Soars 55% After Company Agrees To Sell Itself To Salesforce For $75 Per Share
Wednesday, June 1, 2016 - 8:15am | 262Shares of Demandware Inc (NYSE: DWRE) soared by more than 55 percent early Wednesday morning after the company agreed to sell itself to salesforce.com, inc. (NYSE: CRM) for $75 per share, or $2.8 billion. Shares of Demandware closed for trading at $48.00 on Tuesday. The company is an industry-...
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Buy The Dip In Salesforce Shares Ahead Of Q4 Earnings
Wednesday, February 17, 2016 - 10:20am | 193Nomura’s Frederick Grieb has maintained a Buy rating on salesforce.com, inc. (NYSE: CRM) with a price target of $90. The company is scheduled to report its F4Q16 earnings on February 24, after market close. Although the stock has declined 23 percent since the F3Q16 earnings were reported...
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Suhail Capital Goes Long Former Favorite Short Veeva Systems
Thursday, January 21, 2016 - 9:45am | 353Suhail Capital initially presented a short thesis on Veeva Systems Inc (NYSE: VEEV) back in November 2013. The investment firm issued multiple follow ups since then which reinforced their views on the company. However, Suhail Capital switched courses on Thursday and is now "long our former...