Salesforce.com price target lowered to $65 from $80 at Canaccord Canaccord lowered its price target on Salesforce.com to $65 following solid Q1 results. The firm based its lower price target on the broader valuation correction in the cloud software space but maintains its Buy rating on the belief the company has the highest quality franchise among cloud software firms.
Salesforce announce new version of Salesforce1 for iOS In a corporate blog post, Salesforce (CRM) announced a new version of Salesforce1 for iOS, which it said brings a "brand new way to access and edit documents in external repositories such as SharePoint and OneDrive for Business and also seamlessly edit them using Office iOS apps." Salesforce added that the release is the "latest in a series of milestones based on our strategic partnership with Microsoft (MSFT)." Reference Link