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Fly News Breaks for August 19, 2015
CRM
Aug 19, 2015 | 06:31 EDT
Jefferies says its partner survey indicates that while the enterprise business met internal targets for the first time in several quarters, Salesforce's commercial business momentum is moderating. The firm expects the company to report Q2 growth "modestly" better than Street expectations but keeps an Underperform rating on the stock with a $49 price target.