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CRM

Salesforce

$141.95

-4.82 (-3.28%)

05:22
10/16/18
10/16
05:22
10/16/18
05:22

Salesforce announces Salesforce Tower Atlanta, will create 600 new local jobs

Salesforce announced Salesforce Tower Atlanta, significantly expanding the company's regional headquarters in Atlanta. As part of the expansion, Salesforce plans to add 600 new jobs locally, over the next five years, helping fuel the city's economic development. The company will grow its footprint in The Atlanta Plaza in Buckhead, which will now be known as Salesforce Tower Atlanta. Salesforce Tower Atlanta joins the ranks of other Salesforce regional headquarters, including Salesforce Tower New York, Salesforce Tower Indianapolis, Salesforce Tower London, and the company's worldwide headquarters, Salesforce Tower San Francisco. Salesforce employees will start moving into the newly renovated floors beginning in 2019. Plans for the building include a renovated immersive lobby experience and top "Ohana Floor" - an open hospitality space for Salesforce employees, customers and partners, which is also available for nonprofits and local education groups on weeknights and weekends at no cost.

  • 06

    Dec

  • 03

    Mar

CRM Salesforce
$141.95

-4.82 (-3.28%)

09/27/18
JMPS
09/27/18
NO CHANGE
JMPS
JMP says battle lines drawn with Salesforce on one side, Microsoft on other
After attending Salesforce's (CRM) analyst day hosted in conjunction with the Dreamforce user conference, Patrick Walravens noted that the event "happens to coincide" with Microsoft's (MSFT) Ignite conference in Orlando. He said the most interesting new development in the competitive landscape is the way the "battle lines are being drawn" between Salesforce, Google (GOOGL) and Amazon (AMZN), which announced new strategic relationships this week, and Microsoft, SAP (SAP) and Adobe (ADBE), who announced the Open Data Initiative on September 24, on the other side. In terms of product highlights from Dreamforce, Chief Product Officer Bret Taylor highlighted Customer 360 and Einstein Voice, said Walravens, who keeps an Outperform rating and $178 price target on Salesforce shares.
09/28/18
PIPR
09/28/18
NO CHANGE
Target $190
PIPR
Overweight
Salesforce price target raised to $190 from $180 at Piper Jaffray
Piper Jaffray analyst Alex Zukin raised his price target for Salesforce to $190 saying his takeaways from Dreamforce and the company's analyst day is that Salesforce "is making all the right moves, at the right time, with the right people." Demand is up, tangible product innovation has increased, and breadth, depth, and scope of projects and products at the company and in the ecosystem are at an all-time high, Zukin tells investors in a research note. The analyst believes Salesforce is a "set it and forget it" stock. He keeps an Overweight rating on the name.
10/10/18
KEYB
10/10/18
NO CHANGE
KEYB
Shopify, Salesforce should be bought on October pullback, says KeyBanc
KeyBanc analyst Brent Bracelin notes that the 55 largest SaaS stocks had an incredible run through the end of Q3, as the group benefited from robust secular tailwinds and multiple expansion with forward EV/S levels increasing by two full turns above the five-year average. That said, the "Big Chill" has quickly set in during the first nine days of October as the group is down 11% this month and 21% from the highs, on average, he adds. The analyst has identified eight high-quality SaaS stocks that he would buy on the October pullback based on attractive risk-reward and growth profiles looking out into 2020, namely Shopify (SHOP), Salesforce (CRM), Twilio (TWLO), Wix.com (WIX), Zendesk (ZEN), BlackLine (BL), Avalara (AVLR), and Mindbody (MB).
10/15/18
BMOC
10/15/18
NO CHANGE
Target $174
BMOC
Outperform
Salesforce price target raised to $174 from $165 at BMO Capital
BMO Capital analyst Keith Bachman raised his price target on Salesforce to $174 and kept his Outperform rating, saying the company's cloud portfolio is positioned to generate "durable growth" for the next few years. The analyst estimates that Salesforce revenue will sustain a 19% growth rate in FY21, unchanged from FY20, adding that while sales cloud could have a "modest deceleration", other solution categories like Mulesolft will see "solid growth levels and form a greater part of mix".

TODAY'S FREE FLY STORIES

21:25
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General news
Fed's Rosengren warned that U.S. Q1 growth is likely to be weak »

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BBBY

Bed Bath & Beyond

$13.87

0.17 (1.24%)

20:44
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Activist firms seek to replace Bed Bath & Beyond board, CEO, WSJ says »

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  • 10

    Apr

RTN

Raytheon

$180.58

-0.82 (-0.45%)

, BA

Boeing

$370.52

8.37 (2.31%)

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Raytheon kill vehicle hits ICBM target in first dual-salvo test »

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RTN

Raytheon

$180.58

-0.82 (-0.45%)

BA

Boeing

$370.52

8.37 (2.31%)

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  • 28

    May

20:35
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General news
The "Summary of Opinions" from the BoJ's March meeting »

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WHD

Cactus

$36.03

1.225 (3.52%)

20:27
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Cactus VP of Operations sells 229K shares of common stock »

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CCL

Carnival

$56.67

-0.065 (-0.11%)

, MKC

McCormick

$143.88

1.58 (1.11%)

20:25
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20:25
Earnings
Notable companies reporting before tomorrow's open »

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CCL

Carnival

$56.67

-0.065 (-0.11%)

MKC

McCormick

$143.88

1.58 (1.11%)

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  • 26

    Mar

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    Mar

CRTO

Criteo

$21.99

-3.4 (-13.39%)

20:19
03/25/19
03/25
20:19
03/25/19
20:19
Downgrade
Criteo rating change at KeyBanc »

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SSNLF

Samsung

$0.00

(0.00%)

20:02
03/25/19
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20:02
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20:02
Periodicals
Samsung sees weaker environment for display, memory in Q1, Bloomberg says »

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BA

Boeing

$370.52

8.37 (2.31%)

19:51
03/25/19
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19:51
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19:51
Hot Stocks
U.S. MDA and Boeing Complete Historic Missile Defense Test »

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  • 28

    May

MCD

McDonald's

$185.66

-1.11 (-0.59%)

19:49
03/25/19
03/25
19:49
03/25/19
19:49
Periodicals
McDonald's purchase price of Dynamic Yield above $300M, Bloomberg says »

The purchase of Dynamic…

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  • 30

    Apr

  • 28

    May

SSNLF

Samsung

$0.00

(0.00%)

19:32
03/25/19
03/25
19:32
03/25/19
19:32
Periodicals
Breaking Periodicals news story on Samsung »

Samsung sees Q1 below…

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AWR

American States Water

$71.51

0.505 (0.71%)

19:22
03/25/19
03/25
19:22
03/25/19
19:22
Hot Stocks
American States Water CEO sells 12.4K shares of common stock »

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MEOH

Methanex

$56.35

-1.38 (-2.39%)

19:10
03/25/19
03/25
19:10
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19:10
Hot Stocks
Methanex confirms receipt of director nominees notice from M&G »

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BECN

Beacon Roofing

$34.14

0.81 (2.43%)

, SAEX

SAExploration

$4.03

0.13 (3.33%)

18:55
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Hot Stocks
Fly Intel: After Hours Movers »

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BECN

Beacon Roofing

$34.14

0.81 (2.43%)

SAEX

SAExploration

$4.03

0.13 (3.33%)

IQ

iQIYI

$24.01

-0.86 (-3.46%)

MYOK

MyoKardia

$51.87

-2.44 (-4.49%)

CTMX

CytomX Therapeutics

$10.76

0.33 (3.16%)

03/08/13
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  • 26

    Mar

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    Mar

  • 21

    May

  • 27

    Mar

HPQ

HP Inc.

$18.97

-0.4 (-2.07%)

18:48
03/25/19
03/25
18:48
03/25/19
18:48
Periodicals
HP lawyer tells court Autonomy's Lynch inflated sales data, Reuters says »

A lawyer for HP told a…

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  • 23

    Apr

PEGA

Pegasystems

$63.61

-0.27 (-0.42%)

18:45
03/25/19
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18:45
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Hot Stocks
Pegasystems CEO: We are massively changing our marketing strategy »

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  • 22

    May

SMTC

Semtech

$52.59

-0.38 (-0.72%)

18:32
03/25/19
03/25
18:32
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18:32
Hot Stocks
Semtech CEO sells 25K shares of common stock »

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  • 25

    Mar

TMO

Thermo Fisher

$268.89

5.015 (1.90%)

18:24
03/25/19
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18:24
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18:24
Hot Stocks
Thermo Fisher CEO: We have a very disciplined M&A process »

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DJX

Dow Jones Industrial Average

$0.00

(0.00%)

, SPX

S&P 500

$0.00

(0.00%)

18:24
03/25/19
03/25
18:24
03/25/19
18:24
Periodicals
Parliament forces votes on Brexit plan options, Bloomberg reports »

Lawmakers of U.K.…

DJX

Dow Jones Industrial Average

$0.00

(0.00%)

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$278.99

-0.56 (-0.20%)

03/08/13
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MCD

McDonald's

$185.66

-1.11 (-0.59%)

18:23
03/25/19
03/25
18:23
03/25/19
18:23
Hot Stocks
McDonald's to acquire Dynamic Yield, terms not stated »

McDonald's announced…

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  • 30

    Apr

  • 28

    May

BA

Boeing

$370.52

8.37 (2.31%)

18:22
03/25/19
03/25
18:22
03/25/19
18:22
Periodicals
Boeing software fix to prevent repeated activiation of MCAS, Reuters says »

A Boeing software repair…

03/08/13
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  • 28

    May

ACHC

Acadia

$29.47

-0.59 (-1.96%)

17:58
03/25/19
03/25
17:58
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17:58
Hot Stocks
Acadia says President Brett Turner leaving by mutual agreement »

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AAPL

Apple

$188.78

-2.33 (-1.22%)

17:41
03/25/19
03/25
17:41
03/25/19
17:41
Recommendations
Apple analyst commentary at Piper Jaffray »

Apple price target raised…

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  • 25

    Mar

  • 03

    Jun

ZFGN

Zafgen

$2.70

-0.15 (-5.26%)

17:38
03/25/19
03/25
17:38
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17:38
Hot Stocks
Armistice Capital reports 5.6% passive stake in Zafgen »

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NOC

Northrop Grumman

$268.56

0.27 (0.10%)

17:36
03/25/19
03/25
17:36
03/25/19
17:36
Hot Stocks
Northrop Grumman awarded $245.05M Navy contract modification »

Northrop Grumman has been…

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