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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

DOMO

Domo

$38.79

1.87 (5.07%)

10:09
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WMT

Walmart

$103.29

0.23 (0.22%)

, TSN

Tyson Foods

$74.60

0.15 (0.20%)

10:08
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10:08
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Periodicals
Walmart, bypassing Tyson, creates Angus beef supply chain, Bloomberg reports »

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WMT

Walmart

$103.29

0.23 (0.22%)

TSN

Tyson Foods

$74.60

0.15 (0.20%)

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VLO

Valero

$89.11

-1.17 (-1.30%)

10:05
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Valero call volume above normal and directionally bullish »

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XOM

Exxon Mobil

$82.49

-0.9 (-1.08%)

10:01
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Exxon Mobil to expand Fawley refinery in United Kingdom »

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RES

RPC, Inc.

$11.59

-1.31 (-10.16%)

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SPN

Superior Energy

$4.42

-0.545 (-10.98%)

10:00
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LRN

K12

$31.01

-5.215 (-14.40%)

10:00
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K12 falls -13.7% »

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SAP

SAP

$129.21

14.37 (12.51%)

10:00
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SAP rises 12.5% »

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TRK

Speedway Motorsports

$18.09

4.11 (29.40%)

10:00
04/24/19
04/24
10:00
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10:00
Hot Stocks
Speedway Motorsports rises 29.9% »

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  • 01

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MPX

Marine Products

$15.49

1.46 (10.41%)

10:00
04/24/19
04/24
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10:00
Hot Stocks
Marine Products rises 13.8% »

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  • 24

    Apr

AMRN

Amarin

$18.08

-0.31 (-1.69%)

09:59
04/24/19
04/24
09:59
04/24/19
09:59
Recommendations
Amarin analyst commentary at Jefferies »

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APC

Anadarko

$71.16

7.04 (10.98%)

, PCG

PG&E

$22.35

0.89 (4.15%)

09:55
04/24/19
04/24
09:55
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09:55
Options
Early notable gainers among liquid option names on April 24th »

Notable gainers among…

APC

Anadarko

$71.16

7.04 (10.98%)

PCG

PG&E

$22.35

0.89 (4.15%)

TEL

TE Connectivity

$93.81

4.01 (4.47%)

NSC

Norfolk Southern

$210.59

8.91 (4.42%)

EBAY

eBay

$38.38

1.72 (4.69%)

03/08/13
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SMGZY

Smiths Group

$0.00

(0.00%)

, SMGKF

Smiths Group

$0.00

(0.00%)

09:53
04/24/19
04/24
09:53
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09:53
Conference/Events
Smiths Group management to meet with JPMorgan »

Meeting to be held in…

SMGZY

Smiths Group

$0.00

(0.00%)

SMGKF

Smiths Group

$0.00

(0.00%)

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APH

Amphenol

$96.54

-8.86 (-8.41%)

09:53
04/24/19
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Amphenol analyst commentary at Morgan Stanley »

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FDX

FedEx

$195.15

0.02 (0.01%)

09:51
04/24/19
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Conference/Events
FedEx management to meet with JPMorgan »

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ENFC

Entegra Financial

$23.72

(0.00%)

09:50
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Breaking Hot Stocks news story on Entegra Financial »

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OXY

Occidental Petroleum

$60.74

-1.61 (-2.58%)

09:50
04/24/19
04/24
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09:50
Options
Opening call buyers in Occidental Pete as shares drop 3% »

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LPL

LG Display

$8.59

-0.895 (-9.44%)

09:47
04/24/19
04/24
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09:47
Hot Stocks
LG Display falls -9.2% »

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APH

Amphenol

$94.96

-10.44 (-9.91%)

09:47
04/24/19
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Amphenol falls -9.7% »

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  • 24

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RES

RPC, Inc.

$11.43

-1.47 (-11.40%)

09:47
04/24/19
04/24
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RPC, Inc. falls -12.0% »

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SAP

SAP

$126.94

12.1 (10.54%)

09:47
04/24/19
04/24
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09:47
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SAP rises 10.5% »

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  • 24

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TRK

Speedway Motorsports

$18.00

4.02 (28.76%)

09:47
04/24/19
04/24
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09:47
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Speedway Motorsports rises 28.8% »

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  • 01

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APC

Anadarko

$71.57

7.45 (11.62%)

09:47
04/24/19
04/24
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09:47
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Anadarko rises 11.8% »

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  • 14

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IFRX

InflaRx

$51.42

(0.00%)

09:43
04/24/19
04/24
09:43
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09:43
Recommendations
InflaRx analyst commentary at BMO Capital »

InflaRx price target…

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OXY

Occidental Petroleum

$62.35

(0.00%)

, SNAP

Snap

$11.99

(0.00%)

09:40
04/24/19
04/24
09:40
04/24/19
09:40
Options
Unusually active option classes on open April 24th »

Unusual total active…

OXY

Occidental Petroleum

$62.35

(0.00%)

SNAP

Snap

$11.99

(0.00%)

APC

Anadarko

$64.12

(0.00%)

T

AT&T

$32.11

(0.00%)

TXN

Texas Instruments

$116.37

(0.00%)

EBAY

eBay

$36.66

(0.00%)

SIRI

Sirius XM

$6.14

(0.00%)

CAT

Caterpillar

$142.08

(0.00%)

BX

Blackstone

$39.72

(0.00%)

TWTR

Twitter

$39.76

(0.00%)

03/08/13
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