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CRM

Salesforce

$72.83

-1.44 (-1.94%)

, TWTR

Twitter

$16.73

-0.15 (-0.89%)

06:24
10/18/16
10/18
06:24
10/18/16
06:24

Salesforce walked away from Twitter partially due to trolls, CNBC's Cramer says

Salesforce (CRM) CEO Marc Benioff killed all rumors of a potential Twitter (TWTR) bid last week when he said that the company is "not the right fit." Benioff said that Twitter's price and work culture were among factors contributing to his decision to walk away, but according to CNBC's "Mad Money" host Jim Cramer, Benioff was also turned off by trolls. Cramer commented following a recent conversation with Benioff, "What's happened is, a lot of the bidders are looking at people with lots of followers and seeing the hatred. I know that the haters reduce the value of the company...I know that Salesforce was very concerned about this notion." Reference Link

CRM

Salesforce

$72.83

-1.44 (-1.94%)

TWTR

Twitter

$16.73

-0.15 (-0.89%)

  • 30

    Nov

CRM Salesforce
$72.83

-1.44 (-1.94%)

10/14/16
RAJA
10/14/16
NO CHANGE
RAJA
Raymond James said Salesforce not bidding for Twitter a significant positive
Raymond James said reports Salesforce (CRM) will not bid for Twitter (TWTR) is a significant positive for shares and could set the stage for a sustained stock recovery and breakout in the stock.
10/10/16
JPMS
10/10/16
NO CHANGE
Target $95
JPMS
Overweight
JPMorgan sees 'opportune entry point' for Salesforce
JPMorgan analyst Mark Murphy believes shares of Salesforce (CRM) are at an "'opportune entry point" following the recent selloff. The pullback has been driven by a "slightly soft" Q2 and concerns about a potentially expensive acquisition of Twitter (TWTR), Murphy tells investors in a research note. After speaking to industry contacts at Dreamforce, the analyst sees a path for the "overhangs to fade" with a "better pace of business in Q3/Q4" as well as the eventual fading of the Twitter discussion. Murphy reiterates an Overweight rating on Salesforce with a $95 price target in a research note titled "The Most Valuable Cloud Asset Is Undeservedly Undervalued."
10/07/16
ADAM
10/07/16
NO CHANGE
Target $95
ADAM
Buy
Salesforce worthy of investor consideration at current levels, says Canaccord
Canaccord analyst Richard Davis came away from the Salesforce (CRM) Dreamforce week more enthused about the company's outlook. The analyst noted the company is growing its revenues 3.5 times faster than it legacy peers. Davis noted the company's CEO said they are very disciplined on price when it comes to acquisitions and believes that they would not be interested in Twitter (TWTR) at its rumored asking price of $28 per share. Davis reiterated his Buy rating and $95 price target on Salesforce shares.
10/07/16
PIPR
10/07/16
NO CHANGE
Target $100
PIPR
Overweight
Piper sees 'clouds parting' on Salesforce valuation
Salesforce CEO Marc Benioff mostly calmed nerves over a potential Twitter (TWTR) acquisition by saying at the company's analyst day, "While we look at everything, we pass on almost everything," Piper Jaffray analyst Alex Zukin tells investors in a research note. The comment does not completely take a deal for Twitter off the table, but the probability of a transformational acquisition is now "dramatically lower," Zukin contends. As such, the analyst feels the "clouds are parting" on Salesforce's valuation "with sunshine ahead." Zukin believes the company has a "clear line of sight" to $10B in revenue in FY17. He keeps an Overweight rating on the shares with a $100 price target. Salesforce closed yesterday up $2.84, or 4%, to $71.26.
TWTR Twitter
$16.73

-0.15 (-0.89%)

10/11/16
10/11/16
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Twitter (TWTR) upgraded to Hold from Sell at Evercore ISI with analyst Ken Sena citing the recent pullback in the shares. 2. Tyson Foods (TSN) upgraded to Outperform from Market Perform at BMO Capital with analyst Kenneth Zaslow saying he thinks that the company's "strong underlying fundamentals" should enable its fiscal 2017 profits to beat expectations, and he says that the shares are undervalued. 3. Virgin America (VA) upgraded to Neutral from Underweight at JPMorgan with analyst Jamie Baker saying regulatory approval of the pending Alaska Air (ALK) takeover "remains more likely than not." 4. Cummins (CMI) was upgraded to Conviction Buy from Neutral and Caterpillar (CAT) was upgraded to Buy from Neutral at Goldman. 5. Carbonite (CARB) upgraded to Outperform from Perform at Oppenheimer with analyst Brian Schwartz saying he sees "substantial upside" from current levels due to valuation and fundamentals. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/11/16
DBAB
10/11/16
NO CHANGE
Target $22
DBAB
Buy
Twitter guidance could meet, exceed estimates, says Deutsche Bank
Deutsche Bank analyst Ross Sandler says that for the first time in a year, Twitter's guidance could meet or exceed consensus expectations. The analyst sees a good risk/reward profile for shares into the company's Q3 results. He notes that his channel checks point to a "high-end of the range" revenue with "slightly up" monthly active users for Q3. Twitter's NFL live video project "has been by all accounts a smashing success," Sandler tells investors in a research note. He keep a Buy rating on Twitter with a $22 price target.
10/11/16
EVER
10/11/16
UPGRADE
Target $17
EVER
Hold
Twitter upgraded to Hold from Sell at Evercore ISI
Evercore ISI analyst Ken Sena upgraded Twitter (TWTR) to Neutral citing the recent pullback in the shares. The analyst notes that the selloff "from a stalled sale process" has put the stock more in-line with his unchanged price target of $17. Sena thinks Twitter's guidance for Q3 "may prove sufficiently conservative."

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WAB

Wabtec

$84.38

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CONN

Conn's

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SITE

SiteOne Landscape

$48.20

-0.4 (-0.82%)

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$115.18

1.48 (1.30%)

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$110.82

2.81 (2.60%)

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Sinclair Broadcast

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Tribune Media

$36.55

-0.08 (-0.22%)

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Sinclair Broadcast

$39.30

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TRCO

Tribune Media

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CBS

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Nexstar

$68.90

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CMCSA

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$38.49

0.48 (1.26%)

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FB

Facebook

$146.49

1.02 (0.70%)

19:57
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AVGO

Broadcom

$223.20

1.96 (0.89%)

, BRCD

Brocade

$12.58

0.01 (0.08%)

19:54
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AVGO

Broadcom

$223.20

1.96 (0.89%)

BRCD

Brocade

$12.58

0.01 (0.08%)

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FB

Facebook

$146.49

1.02 (0.70%)

19:52
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Facebook tests expanded 'Related Articles' feature »

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Periodicals
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PG

Procter & Gamble

$90.00

0.45 (0.50%)

, PEP

PepsiCo

$114.16

-0.16 (-0.14%)

19:25
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Earnings
Notable companies reporting before tomorrow's open »

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PG

Procter & Gamble

$90.00

0.45 (0.50%)

PEP

PepsiCo

$114.16

-0.16 (-0.14%)

BA

Boeing

$183.51

1.45 (0.80%)

UTX

United Technologies

$116.87

0.55 (0.47%)

TMO

Thermo Fisher

$158.81

1.47 (0.93%)

GD

General Dynamics

$193.24

1.33 (0.69%)

ANTM

Anthem

$172.46

4.05 (2.40%)

NOC

Northrop Grumman

$248.13

-1.01 (-0.41%)

WM

Waste Management

$74.23

0.13 (0.18%)

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Ingersoll-Rand

$85.66

1.47 (1.75%)

DPS

Dr Pepper Snapple

$98.41

0.16 (0.16%)

HES

Hess Corp.

$48.64

0.98 (2.06%)

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Wyndham

$92.22

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FLIR

FLIR Systems

$37.51

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NDAQ

Nasdaq

$70.53

0.08 (0.11%)

STT

State Street

$80.62

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APH

Amphenol

$72.18

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ROK

Rockwell Automation

$160.14

3.19 (2.03%)

BAX

Baxter

$53.21

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NSC

Norfolk Southern

$116.78

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VZ

Verizon

$46.70

-0.35 (-0.74%)

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NTB

Butterfield

$32.19

0.07 (0.22%)

19:12
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NBIX

Neurocrine

$53.62

1.84 (3.55%)

19:02
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MNOV

MediciNova

$5.57

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  • 25

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FOX

21st Century Fox

$29.89

0.14 (0.47%)

, FOXA

21st Century Fox

$30.61

0.26 (0.86%)

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FOX

21st Century Fox

$29.89

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FOXA

21st Century Fox

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AMRI

Albany Molecular

$17.54

1.63 (10.25%)

, CG

Carlyle Group

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0.05 (0.30%)

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Albany Molecular (AMRI)…

AMRI

Albany Molecular

$17.54

1.63 (10.25%)

CG

Carlyle Group

$16.70

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PTIE

Pain Therapeutics

$0.80

0.0285 (3.72%)

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PTIE

Pain Therapeutics

$0.80

0.0285 (3.72%)

18:10
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PTIE

Pain Therapeutics

$0.80

0.0285 (3.72%)

18:09
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PHG

Philips

$34.69

0.14 (0.41%)

18:04
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Philips Lighting repurchases 3.5M shares for roughly EUR101M »

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PBF

PBF Energy

$22.56

0.26 (1.17%)

, WDR

Waddell & Reed

$17.92

-0.14 (-0.78%)

18:03
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S&P announces changes to S&P MidCap 400, S&P SmallCap 600 indices »

S&P Dow Jones Indices…

PBF

PBF Energy

$22.56

0.26 (1.17%)

WDR

Waddell & Reed

$17.92

-0.14 (-0.78%)

SWC

Stillwater Mining

$17.99

0.09 (0.50%)

SBGL

Sibanye Gold

$8.14

-0.28 (-3.33%)

ARI

Apollo Commercial

$18.93

0.05 (0.26%)

ZLTQ

ZELTIQ

$56.49

-0.005 (-0.01%)

AGN

Allergan

$238.22

1.24 (0.52%)

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FRO

Frontline

$6.73

0.06 (0.90%)

, DHT

DHT Holdings

$4.67

0.04 (0.86%)

18:02
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Frontline says makes new offer to DHT Holdings »

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FRO

Frontline

$6.73

0.06 (0.90%)

DHT

DHT Holdings

$4.67

0.04 (0.86%)

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