Page 43 - Twlo News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Twlo. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Twlo Today - Breaking & Trending Today

Forget About Salesforce, Analyst Says. Buy These 5 Cloud Stocks Instead.


Salesforce (CRM), alas, might not be the best way to play it.
Piper Sandler analyst Brent Bracelin on Monday cut his rating on Salesforce to Neutral from Overweight, while keeping his $242 price target.
His view is that this “hungry hippo” needs time to digest two of its largest acquisitions: the $15.7 billion deal for Tableau in 2019 and the pending $27.7 billion takeover of
Slack Technologies
(WORK). He notes that the amount of stock issued in the two deals combined increases the number of shares outstanding by 194 million or about 24% of the total outstanding before the Tableau deal. He thinks that all the extra stock creates “a more challenging setup” for Salesforce in 2021. ....

San Francisco , United States , Ericj Savitz , Piper Sandler , Getty Images , Brent Bracelin , Slack Technologies , Veeva Systems , Spot Should , Computers Consumer Electronics , Applications Software , Computer Services , Real Estate Transactions , Cloud Computing , Business Consumer Services , Real Estate Construction , Customer Relationship Management Software , Data Services , Enterprise Management Software , Online Service Providers , Real Estate , Analysts 39 Comments Recommendations , Ownership Changes , Acquisitions Mergers Shareholdings , Corporate Actions , Corporate Industrial News ,