CRM News and Press, Salesforce.com Inc From 04/18/24

2024-04-18 10:00:00 ET Summary Marc Benioff’s taste for expansion turned Salesforce into a $265 billion giant. Salesforce is in advanced talks to buy Informatica, the Wall Street Journal reported on Friday, citing people familiar with the matter. Informatica helps compa...

2024-04-18 00:45:52 ET Summary I have upgraded my rating for Intapp stock from hold to buy due to the current attractive valuation. Growth deceleration reported by INTA in 2Q24 is likely the cause for the decrease in share price. I believe INTA can sustain growth at over 20% a...

2024-04-16 12:00:03 ET Keith Bachman from BMO Capital issued a price target of $335.00 for CRM on 2024-04-16 09:57:00. The adjusted price target was set to $335.00. At the time of the announcement, CRM was trading at $276.639. The overall price target consensus is at $25...

2024-04-15 21:40:13 ET Shares of Salesforce (NYSE: CRM) were down 7.3% on Monday amid reports the cloud-based customer relationship management (CRM) platform provider is in late-stage talks to acquire data-management software company Informatica (NYSE: INFA) . Informatica st...

2024-04-15 17:46:53 ET Trading was sprightly in enterprise cloud-data management specialist Informatica 's (NYSE: INFA) stock on Monday. That wasn't necessarily a good development, as the company is apparently the target of a buyout offer that will see its shares change hands at som...

Stocks retreated on Monday as rising yields overshadowed strong Goldman Sachs earnings, hot retail sales data and hopes that the conflict in the Middle East will not escalate further. The Dow Jones Industrials stumbled 248.13 points to close Monday at 37,735.11. Monday's losses pulled the blu...

2024-04-15 10:47:02 ET BTC iShares iBoxx USD High Yield Corporate Bond ETF (HYG) HYG is trading DOWN for the last 4 days, and it at trading at $76.17 with volume of 10,436,679 and a one day change of $-0.20 (-0.26%). BTC iShares iBoxx USD High Yield Corporate Bond ETF has a 52-week ...

2024-04-15 10:41:00 ET Salesforce (NYSE: CRM) and Informatica (NYSE: INFA) stock prices crashed on Monday as traders reflected on the recent M&A rumours. INFA shares retreated by over 3.65% while CRM retreated by almost 4%. Salesforce could buy Informatica The biggest M&...

2024-04-15 07:55:43 ET More on Salesforce and Informatica Salesforce: Assessing Potential Informatica Acquisition Impact On Bullish Thesis Salesforce: Too Far, Too Fast (Rating Downgrade) Salesforce: Currently Overvalued And It Requires A Lot To Revert It (Downgradin...

2024-04-14 09:58:13 ET Summary Salesforce is in advanced talks to acquire Informatica, a data processing company, for around $11 billion. The potential deal may add volatility to Salesforce's stock but could present buying opportunities. Management has a strong focus on profit...