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Fly News Breaks for April 18, 2017
CRM
Apr 18, 2017 | 08:29 EDT
After conducting checks on Salesforce, JMP Securities analyst Patrick Walravens says that the company appears to have closed a deal for around $15M with a Fortune 50 communications company, while the company appears to be pursuing deals with a Fortune 50 media/technology company and a Fortune 500 consulting company,. One Salesforce partner said that the company's "service cloud is on fire," added Walravens, who expects the company to report roughly in-line Q1 results. He keeps a $92 price target and an Outperform rating on the shares.