Information Provided By:
Fly News Breaks for November 19, 2015
CRM
Nov 19, 2015 | 08:14 EDT
KeyBanc believes that Salesforce reported strong Q3 results, and notes that the company's unbilled deferred revenue grew faster than its revenue. As a result, the firm thinks the company can attain its above-consensus, fiscal 2017 revenue guidance. It keeps an Overweight rating on the shares.