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At least three investment banks lowered their price targets on Salesforce.com (CRM) after the SaaS leader posted Q1 earnings late Tuesday. EPS and sales beat Wall Street views, but perhaps not as much as some investors expected. Salesforce.com’s revenue guidance for the current quarter beat views, but earnings guidance was a tad light. Canaccord cut its price target to 65 from 80, Needham to 70 from 80 and FBR to 72 from 80. Salesforce stock was Scalper1 News
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