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Despite CEO Change, Salesforce Analysts Say Sell-Off May Be Buying Opportunity
Wednesday, February 26, 2020 - 4:33pm | 567Read More...Salesforce.com, inc. (NYSE: CRM) shares were falling Wednesday a day after the announcement that its co-CEO will step down, even as several sell-side analysts reiterated confidence and raised target prices on the stock. Salesforce on Tuesday reported what several analysts called a strong quarter,...
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Salesforce Brings In Earnings Beats, Co-CEO Keith Block Steps Down
Tuesday, February 25, 2020 - 5:45pm | 307Read More...Shares of Salesforce.com (NYSE: CRM) dropped on Tuesday despite fourth-quarter earnings and sales beats as the company announced its CEO would step down. Investors sold off the software vendors shares after its announcement that co-CEO Keith Block would step down. Marc Benioff was named chair and...
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Wedbush Upgrades Salesforce.com, Cites Opportunity To 'Disrupt Software Categories'
Friday, December 18, 2015 - 9:53am | 335Read More...Shares of salesforce.com, inc. (NYSE: CRM) have appreciated 32.19 percent year-to-date, reaching a high of $82.14 on December 4. Wedbush’s Steve Koenig has upgraded the rating on the company from Neutral to Outperform, while raising the price target from $79 to $96. Koenig expressed optimism...
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Wedbush Reiterates Salesforce At Neutral, Expects 'Continued Momentum'
Wednesday, May 13, 2015 - 4:52pm | 370Read More...Wedbush reiterated its Neutral rating on salesforce.com, inc. (NYSE: CRM) and $66 price target ahead of the company reporting Q1 results on May 20. Analysts Steve Koenig and Jaw Cho expected "continued momentum" and estimated that Q1 revenue would come in “about $12M ahead of...
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Salesforce.com Earnings Preview: What Three Analysts Are Saying
Monday, November 18, 2013 - 3:17pm | 406Read More...Salesforce.com (NYSE: CRM) is set to announce its third quarter 2014 earnings on Modnay after the market close. Earnings are typically released a few minutes after 4:00PM ET, with a conference call scheduled for 5:00PM. The EPS consensus is $0.09 with revenue of $1.05 billion. Piper Jaffray:...
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Salesforce Soars 7% After Earnings Beat (CRM)
Thursday, August 29, 2013 - 5:05pm | 482Read More...Salesforce (NYSE: CRM) is soaring after announcing impressive second quarter results and full-year estimates that are in-line with Wall Street. The popular cloud computing company reported a Q2 EPS of $0.09. This was 18 percent lower than the EPS reported during the year-ago period, but it was...
