Citizens Boosts Salesforce Ahead of Q2 Earnings Report
Citizens has reaffirmed its Market Outperform rating on Salesforce.com (CRM) ahead of the company's second-quarter fiscal 2027 earnings report, scheduled for August 26. The firm conducted industry checks that showed improvement, with 50% of checks positive in the second quarter of fiscal 2027 versus 22% in the first quarter.
Salesforce shares have fallen 18% year to date, compared with approximately 12% gains for both the S&P 500 and the Russell 3000. However, the stock has rallied 28% over the last 30 days versus 3% for the S&P 500 and the Russell 3000.
The company is set to report its fiscal second-quarter 2027 results on August 26. For deeper analysis, investors can access Salesforce's comprehensive Pro Research Report, one of 1,400+ available on InvestingPro, which transforms complex data into actionable intelligence.