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Fly News Breaks for September 6, 2017
CRM
Sep 6, 2017 | 08:19 EDT
MoffettNathanson analyst Adam Holt initiated Salesforce with a Buy and a $125 price target saying he believes the company will growth both revenues and margins faster than the market expects, driving multiple expansion. Holt is forecasting above consensus organic revenue and billings growth of 20%+ year-over-year for the next 3-5 years. The analyst said his conviction in Salesforce is based on large deal momentum, traction in verticals, and strength in commerce, CPQ, and analysts.
News For CRM From the Last 2 Days
CRM
Apr 24, 2024 | 08:21 EDT
