3 Takeaways From salesforce.com, inc. Earnings
Even though salesforce.com's (NYSE: CRM) stock traded more than a percent lower after market open on Wednesday, following its third-quarter earnings release on Tuesday afternoon, it would be difficult to argue that the results didn't impress investors. After all, the stock mostly held its sharp run-up recently. Even after a slight pullback in its stock price on Wednesday, shares are still up 8% in the past 30 days and 17% in the past three months.
What was behind Salesforce's results? More rapid revenue and earnings growth, its fourth guidance raise in a row for fiscal year 2018, and more.
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Source: Fool.com
Salesforce.com Stock
€256.00
0.470%
The stock is an absolute favorite of our community with 61 Buy predictions and no Sell predictions.
As a result the target price of 275 € shows a slightly positive potential of 7.42% compared to the current price of 256.0 € for Salesforce.com.
