salesforce.com (CRM) Could Get $110/Share in Takeover - Oppenheimer
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Analyst Points to Further Evidence salesforce (CRM) is 'In Play'
April 30, 2015 11:55 AM EDTAfter jumping 11.6% yesterday on takeover reports, salesforce.com (NYSE: CRM) is lower by over 3% Thursday as many are saying a deal is "unlikely." However, on the other side of the trade, MKM Partners analyst Kevin Buttigieg views yesterday's reports about the sale from Bloomberg as "credible."
"Not only is Bloomberg reputable, but also note that weeks ago, on April 1, CRM noted in an 8k filing that former CFO Graham Smith was delaying his retirement beyond the March 31 expected... More
salesforce.com (CRM) Takeover Appears 'Unlikely' - CNBC's Faber
April 30, 2015 9:12 AM EDTTakeover of salesforce.com (NYSE: CRM) appears "unlikely", CNBC's Faber said.
... MoreCLSA Downgrades salesforce.com (CRM) to Outperform
April 30, 2015 8:26 AM EDTCLSA downgraded salesforce.com (NYSE: CRM) from Buy to Outperform.
For an analyst ratings summary and ratings history on salesforce.com click here. For more ratings news on salesforce.com click here.
Shares of salesforce.com closed at $74.65 yesterday.
... MoreSurge in salesforce (CRM) an 'Overreaction', Jefferies Says
April 30, 2015 6:59 AM EDTJefferies analysts DiFucci and Zelnick view yesterday's surge in salesforce.com (NYSE: CRM) on takeover reports as an "overreaction."
The analysts commented, "We believe CRM shares +12% yesterday is an overreaction to Bloomberg headlines indicating the company is fielding takeover offers. While we... More
