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.
Source: Fool.com
Salesforce.com Stock
The stock is one of the favorites of our community with 94 Buy predictions and 1 Sell predictions.
As a result the target price of 276 € shows a slightly positive potential of 18.43% compared to the current price of 233.05 € for Salesforce.com.