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Benzinga
Benzinga
Business
Lisa Levin

UNCOVERED: Salesforce faces price target cuts on guidance cut shares slide | History Defined

Salesforce NYSE Salesforce Inc Baird Barclays BMO Capital Canaccord Genuity Citigroup Cowen & Co Credit Suisse

Salesforce Inc (NYSE:CRM) reported upbeat results for its second quarter, but lowered its annual projections.

Salesforce said it expects full-year revenue to be between $30.9 billion and $31 billion versus the estimate of $31.73 billion. The company expects full-year adjusted earnings to be between $4.71 and $4.73 per share versus the estimate of $4.75 per share.

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