Qlik Technologies (QLIK) is gaining in the fast-growing data analytics market, as its Q1 earnings beat late Thursday earned the company some price target hikes. But the company, which competes with Tableau Software (DATA), Salesforce.com (CRM) and others, reduced its revenue outlook for the year due to currency headwinds. Still, its report prompted at least five investment banks to raise their price targets on the company, which makes software
Could employers really start handing out pricey Apple (AAPL) watches to their workers? Absolutely, according to a report released on Wednesday by tech research firm Tractica. Tractica says the “adoption of wearables in the workplace will occur both in corporate enterprise environments and in industrial settings.” The firm expects wearables to start popping up in offices and factories in a big way. Smartwatches will be the largest category of workplace wearables, followed by fitness trackers and Internet-connected “smart” glasses, according to Tractica. And “smart” clothing is on the horizon, the company said. Key industry players will include Apple (APPL) , Google (GOOGL) and Salesforce.com (CRM), said the report.
Salesforce.com’s (CRM) growth engine appears intact and ready for more business. That’s the assessment from Brian Schwartz, an analyst for Oppenheimer, who raised his price target on the enterprise software company Tuesday to 80 from 75, after meeting with company CFO Mark Hawkins. Salesforce.com stock was near 69, up more than 1% in afternoon trading in the stock market today. Salesforce stock is up 15% this year after rising 7% in 2014.