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CRM

Salesforce

$148.26

0.86 (0.58%)

06:25
08/23/19
08/23
06:25
08/23/19
06:25

Salesforce results should help restore investor confidence, says Morgan Stanley

Morgan Stanley analyst Keith Weiss said Salesforce's "solid" constant currency growth in Current Remaining Performance Obligations bookings and raised organic FY20 revenue outlook should help restore investor confidence and put the stock back on an upward trajectory. Salesforce also reported solid growth across all regions and saw revenue growth accelerate across its major cloud offerings, said Weiss, who raised his price target on the stock to $180 from $178 and keeps an Overweight rating on the shares.

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  • 16

    Dec

CRM Salesforce
$148.26

0.86 (0.58%)

08/20/19
WEDB
08/20/19
NO CHANGE
Target $184
WEDB
Outperform
Salesforce price target lowered to $184 from $192 at Wedbush
Wedbush analyst Steve Koenig lowered his price target for Salesforce to $184 from $192, while reiterating an Outperform rating on the stock. The analyst acknowledges that macroeconomic concerns, currency headwinds, and some skepticism about the Tableau acquisition have pressured the shares over the last 30 days, but he expects some relief from the upcoming Q2 results, despite additional FX headwinds. Although Salesforce's sales automation in the U.S. enterprise market is fairly saturated, Koenig's checks see "good opportunity for growth" in international markets and verticals, with the company attacking the latter opportunity by building vertical-specific sales teams across Salesforce's various cloud units. Well-placed industry contacts were relatively positive on the Tableau acquisition, seeing it as a strategic move with good revenue synergy as Salesforce makes the product much more ubiquitous, he adds.
08/20/19
STFL
08/20/19
NO CHANGE
Target $185
STFL
Buy
Salesforce sets up for great 'catch-up trade,' says Stifel
Stifel analyst Tom Roderick said consensus opinion from shareholders on Salesforce's deal to buy Tableau has been "one of concern and criticism," but he believes that the business remains healthy and his feedback on Tableau from checks has been very positive. He thinks Salesforce reporting in-line results in Q2 against low expectations will set up the stock for a great "catch-up trade" ahead of its Dreamforce event and the seasonally strong second half. Ahead of the company's report, due after the close on August 22, Roderick keeps a Buy rating and $185 price target on Salesforce shares.
08/20/19
BMOC
08/20/19
NO CHANGE
Target $185
BMOC
Outperform
Salesforce stock 'very attractively valued', says BMO Capital
BMO Capital analyst Keith Bachman kept his Outperform rating and $185 price target on Salesforce, also updating his model to reflect the company's Tableau acquisition and lowering its FY20 and FY21 EPS estimates by 9c and 16c to $2.79 and $3.22 respectively. The analyst believes the company had a "solid" July and that the stock is "very attractively valued" in the high-growth software space, but also notes that its "aggressive" M&A strategy has continued to push out the expansion of its margins while negatively impacting its year-to-date performance.
08/22/19
MZHO
08/22/19
INITIATION
Target $225
MZHO
Buy
Workday initiated with a Buy at Mizuho
As previously reported, Mizuho analyst Siti Panigrahi initiated Workday (WDAY) with a Buy rating and a price target of $225 as part of his broader research note into the cloud HCM software sector. The analyst contends that similar to Salesforce's (CRM) front-office suite, the company's product is "well positioned" to become the "de-facto cloud vendor" for the back office applications, also achieving a dominant position in the next-gen enterprise application segment.

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BSX

Boston Scientific

$41.87

0.06 (0.14%)

12:05
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Boston Scientific participates in a conference call with SVB Leerink »

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NEWR

New Relic

$53.86

-4.48 (-7.68%)

12:01
09/16/19
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12:01
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12:01
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New Relic analyst commentary  »

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JDST

Direxion Daily Junior Gold Miners Index Bear 3x Shares

$16.91

-1.94 (-10.29%)

12:00
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Direxion Daily Junior Gold Miners Index Bear 3x Shares falls -10.2% »

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SCO

Scor ADR

$13.52

-3.825 (-22.06%)

12:00
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Scor ADR falls -21.8% »

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DWT

Britannia Bulk

$4.37

-2.11 (-32.56%)

12:00
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Britannia Bulk falls -32.8% »

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CRC

California Resources

$14.50

2.68 (22.67%)

12:00
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California Resources rises 22.6% »

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WLL

Whiting Petroleum

$10.27

2.74 (36.39%)

12:00
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Hot Stocks
Whiting Petroleum rises 36.5% »

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  • 08

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    Oct

HYG

iShares iBoxx $ High Yield Corporate Bond

$87.31

0.16 (0.18%)

12:00
09/16/19
09/16
12:00
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12:00
Options
Puts lead calls 15:1 in High Yield Bond ETF on vertical spread buyer »

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SEMG

SemGroup

$16.82

6.54 (63.62%)

12:00
09/16/19
09/16
12:00
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12:00
Hot Stocks
SemGroup rises 63.6% »

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12:00
09/16/19
09/16
12:00
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12:00
General news
Treasury's $87 B 3- and 6-month bill auction results were generally below average »

Treasury's $87 B 3-…

VLGEA

Village Super Market

$26.70

0.05 (0.19%)

11:53
09/16/19
09/16
11:53
09/16/19
11:53
Hot Stocks
Village Super Market board of directors authorizes $5M share repurchase program »

The company announced…

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TOT

Total

$52.62

0.875 (1.69%)

11:51
09/16/19
09/16
11:51
09/16/19
11:51
Upgrade
Total rating change  »

Total upgraded to…

03/08/13
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  • 24

    Sep

OCN

Ocwen

$2.00

0.01 (0.50%)

11:50
09/16/19
09/16
11:50
09/16/19
11:50
Options
April call buyer in $2 stock Ocwen Financial »

April call buyer in $2…

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ALDR

Alder Biopharmaceuticals

$18.42

8.37 (83.28%)

11:47
09/16/19
09/16
11:47
09/16/19
11:47
Downgrade
Alder Biopharmaceuticals rating change  »

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  • 26

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MET

MetLife

$47.56

-0.8 (-1.65%)

11:40
09/16/19
09/16
11:40
09/16/19
11:40
Options
Large call seller appears to average up on short calls in MetLife »

Large call seller appears…

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  • 27

    Oct

EQNR

Equinor

$20.16

0.72 (3.70%)

11:39
09/16/19
09/16
11:39
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11:39
Upgrade
Equinor rating change  »

Equinor upgraded to…

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  • 24

    Oct

UBER

Uber

$34.57

1.33 (4.00%)

, LYFT

Lyft

$48.63

2.53 (5.49%)

11:37
09/16/19
09/16
11:37
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11:37
On The Fly
Upgrades of Uber and Lyft, downgrade of HP among today's top analyst actions »

Check out today's top…

UBER

Uber

$34.57

1.33 (4.00%)

LYFT

Lyft

$48.63

2.53 (5.49%)

HPQ

HP Inc.

$18.82

-0.26 (-1.36%)

DKS

Dick's Sporting

$38.92

-0.1 (-0.26%)

ACB

Aurora Cannabis

$5.60

-0.34 (-5.72%)

WLL

Whiting Petroleum

$10.54

3.01 (39.97%)

JAG

Jagged Peak Energy

$8.43

0.96 (12.85%)

CDEV

Centennial Resource Development

$5.67

1.26 (28.57%)

SM

SM Energy

$11.64

2 (20.75%)

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11:36
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General news
6-Month Bill Auction Total Amount data reported »

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11:36
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General news
3-Month Bill Auction Total Amount data reported »

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AEGN

Aegion

$21.25

0.06 (0.28%)

11:32
09/16/19
09/16
11:32
09/16/19
11:32
Hot Stocks
Aegion's Insituform awarded $6.9M wastewater pipeline rehabilitation contract »

Aegion Corporation…

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FXI

iShares China Large-Cap ETF

$41.57

-0.34 (-0.81%)

11:30
09/16/19
09/16
11:30
09/16/19
11:30
Options
Big winner takes gains and rolls strike up in China Largecap ETF »

Big winner takes gains…

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BKR

Baker Hughes

$0.00

(0.00%)

, BHGE

Baker Hughes

$23.04

0.315 (1.39%)

11:25
09/16/19
09/16
11:25
09/16/19
11:25
Hot Stocks
GE ceases to hold 50% of Baker Hughes voting power after secondary »

Baker Hughes, a GE…

BKR

Baker Hughes

$0.00

(0.00%)

BHGE

Baker Hughes

$23.04

0.315 (1.39%)

GE

General Electric

$9.38

0.04 (0.43%)

03/08/13
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  • 30

    Oct

LYFT

Lyft

$48.54

2.44 (5.29%)

11:25
09/16/19
09/16
11:25
09/16/19
11:25
Options
Lyft call volume above normal and directionally bullish »

Bullish option flow…

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SQ

Square

$57.83

-0.46 (-0.79%)

11:25
09/16/19
09/16
11:25
09/16/19
11:25
Conference/Events
Square participates in a luncheon meeting with Wedbush »

Advisor Luncheon Meeting…

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ATRA

Atara Biotherapeutics

$14.38

-0.78 (-5.15%)

11:25
09/16/19
09/16
11:25
09/16/19
11:25
Conference/Events
Atara Biotherapeutics participates in a conference call with JPMorgan »

Conference call with CEO…

03/08/13
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  • 16

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