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Fly News Breaks for May 30, 2018
May 30, 2018 | 07:29 EDT
RBC Capital analyst Ross MacMillan raised his price target on (CRM) to $146 and kept his Outperform rating after yesterday's results, reflecting the impact of MuleSoft (MULE) accretion and the updated projections for underlying growth in FY19. MacMillan also cites more visibility the company's path to re-accelerate cash flow growth in FY20 and beyond, adding FY21 expectations to his pricing model.