FMP

FMP

Enter

Analysts at RBC Capital increased their price target on salesforce.com, inc. (NYSE:CRM) to $325 from $310 following their Dreamforce and the accompanying invest

Salesforce Price Target Raised at RBC Capital

Sep 24, 2021 10:44 PM - Davit Kirakosyan

twitterlinkedinfacebook
blog post cover photo

Image credit: FMP

Analysts at RBC Capital increased their price target on salesforce.com, inc. (NYSE:CRM) to $325 from $310 following their Dreamforce and the accompanying investor day attendance. According to the brokerage, the main highlight was margin commentary (particularly continued expansions on unit economics) and 2023 guidance that seems to imply ~300 bps of op. margin expansion ex-Slack.

Other takeaways the analysts highlighted include more granular insights into Salesforce’s M&A track record (which impressively showed some assets accelerating revenues at significantly larger scales) and the continued rapid integration of Slack.

Other Blogs

Sep 11, 2023 - Rajnish Katharotiya

Industry Analysis with Python

During this post we are going to perform an industry analysis with Python. We will build, analyse and compare all stocks operating within an industry. To do so, we will pick an industry and get all important financial metrics for companies operating in that industry. Then, we will use a couple of fi...

blog post title

Sep 11, 2023 - Rajnish Katharotiya

P/E Ratios Using Normalized Earnings

Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...

blog post title

Sep 11, 2023 - Rajnish Katharotiya

Portfolio Risk and Returns with Python

Would you like to know how your portfolio is performing and how much risk you are taking? In this post, you will learn how to measure portfolio risk and calculate portfolio returns using Python. We will see step by step how to calculate the risk and returns of a portfolio containing four stocks Appl...

blog post title
FMP

FMP

Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
twitterlinkedinfacebookinstagram
2017-2024 © Financial Modeling Prep