UPDATE: Jefferies Reiterates on salesforce.com as ExactTarget Drives Higher F3Q Results and Guidance
November 19, 2013 at 08:43 AM EST
In a report published Tuesday, Jefferies analyst Ross MacMillan reiterated a Buy rating on salesforce.com (NYSE: CRM ), and raised the price target from $57.00 to $66.00. In the report, Jefferies noted, “CRM posted solid F3Q14 results as ExactTarget drove billings and revenues above our estimates. The F4Q revenue guidance