Piper Jaffray analyst Alex Zukin raised his price target for Salesforce to $105 saying the Q1 results represent a "strong continuation of momentum" from Q4. While the Q2 implied billings guide of up 15% trails consensus at up 20%, we don't sense any slowdown in the demand environment, Zukin tells investors in a post-earnings research note. He remains a buyer of Salesforce shares with an Overweight rating.
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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here