Oppenheimer analyst Brian Schwartz reiterated an Outperform rating and $190 price target on Salesforce.com following the company's "solid" Q3 results, saying the results and business outlook are essentially in line with the expectations coming out of last month's investors meeting. Schwartz tells investors in a research note that he believes Salesforce's bookings momentum is likely to show better trends in 2020 as Tableau puts the company in a stronger position to become the vendor of choice for digital transformation initiatives among its large install-base, but says this positive is not fully reflected in the company valuation given investors' continued concern regarding Salesforce's slow margin growth.