Salesforce stock has 26% upside as Marc Benioff's company shows resolve on 'disciplined growth,' Bank of America says
stock from $200 to $235 on Thursday, following a better-than-expected fourth-quarter earnings report from the company on Wednesday.
In a note to clients, the BofA strategists praised the Salesforce's total revenue, cloud sales and services, and company-wide changes, among other factors that informed the analysis.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Silvergate Stock Plunges as Bank Says It May Face DOJ, Congressional and Bank Regulator InquiriesNEW: Silvergate Bank announced it would have to delay publishing its annual report, and hinted at increased regulatory scrutiny in a new filing. nikhileshde SteveAlpher report
Read more »
The stock market is about to get a buy signal, says Bank of AmericaThe stock market is about to get a signal to buy - and it's 'old economy' sectors like materials that will be worth a look, Bank of America says
Read more »
Bank of America loves this under-the-radar streaming stock out of China, sees 30% gainWith its in-house content strategy, iQIYI is differentiating itself from peers such as Tencent Video and Youku Video, the firm said.
Read more »
Murray scores 26 to lead Iowa past No. 15 Indiana 90-68Indiana (20-10, 11-8) meanwhile, struggled all night in its worse home loss since a 20-point shellacking against Purdue Fort Wayne in December 2017..
Read more »
26 killed, dozens injured in Greece train crashAt least 26 people were killed and 85 others injured in northern Greece on Wednesday local time after a passenger train collided with an oncoming freight train.
Read more »