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Salesforce Stock Rises. Analysts Praise the Commitment to Margin Growth.

Salesforce shares were rising early Wednesday after the business software company raised its forecast for adjusted fiscal-year earnings.

Salesforce (ticker: CRM) said it expects non-GAAP fiscal-year profit of $4.74 to $4.76 a share, up from a previous range of $4.62 to $4.64. The company also said it expects non-GAAP operating margin for the year at 20.4%, up from a previous forecast of 20%.

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