Salesforce (CRM) is lower after earnings and guidance come in below estimates. Dan Romanoff, Equity Analyst at Morningstar, and Steve Koenig, Managing Director and Senior Research Analyst at SMBC Nikko Securities America, Inc, discuss Salesforce’s earnings report. They talk about how Morningstar raised their fair value estimate on CRM to $320, and how SMBC Nikko Securities America has an outperform rating on Salesforce (CRM) with $314 price target. Tune in to find out more.