Analysts: Salesforce Sentiments Will Improve and 3 More Research Notes to Look Into
Salesforce.com (NYSE:CRM): UBS expects investor sentiment toward Salesforce.com to improve in the second half of the company’s fiscal year as its ExactTarget acquisition bears some fruit and the company closes large deals in its Q4. The firm believes that the company still has a great deal of room to grow, and it keeps a Buy rating on the shares.
Web.com (NASDAQ:WWWW): Piper Jaffray estimates that Web.com’s debt offering announced last Friday will be 4 percent accretive to earnings in 2014 and 3 percent in 2015. The firm views its analysis as positive for shares, since it says investors are unclear on the impact to earnings. Piper keeps an Overweight rating on the stock.
eBay (NASDAQ:EBAY): JMP Securities believes that Channel Advisor’s July same-store sales data suggest that eBay’s growth accelerated to 20.4 percent last month, which the firm sees as encouraging and thinks could indicate that the company’s back-to-school results will improve. The firm reiterates a $65 price target and Buy rating on the stock.
Taylor Morrison (NASDAQ:TMHC): Susquehanna lowered its price target on Taylor Morrison to $28 from $31 following second-quarter results, owing that the company missed its orders projection but operating trends were favorable and management reaffirmed its growth guidance. The shares remain Positive rated.