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Enter Symbol:
 
Salesforce.com Inc (CRM) [hlAlert]

Rating:
Neutral CRM
up 14.37 %

Salesforce.com Inc (CRM) downgraded to Neutral by Wedbush

Posted on: Friday,  May 24, 2013  8:25 AM ET by Wedbush

Wedbush rated Neutral Salesforce.com Inc (NYSE: CRM) on 05/24/2013. Previously Wedbush rated Outperform Salesforce.com Inc (NYSE: CRM) on 10/19/2012.,
when the stock price was $37.30. Since then, Salesforce.com Inc has gained 14.38% as of 05/24/2013's recent price of $42.66.
If you would have followed the previous Wedbush 's recommendation on CRM, you would have gained 14.37% of your investment in 217 days.

Salesforce.com, inc. is a provider of software on demand. The Company provides customer relationship management (CRM) service to businesses of all sizes and industries worldwide. The Company also provides a technology platform for customers and developers to build and run business applications. Approximately 55,400 customers worldwide use salesforce.com to manage their customer, sales and operational data. The Company designed and developed its offering to be an easy-to-use and intuitive solution that can be deployed rapidly, can be customized easily and can be integrated with other software applications. The Company deliver its service through a standard Web browser. Customers who use its enterprise cloud computing CRM service and platform are able to avoid many of the expenses and complexities of traditional enterprise software development and implementations.

Wedbush is Headquartered in Los Angeles, California with over 90 offices and more than 125 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth. We deliver superior investment ideas and products through exceptional customer care, financial security, continuity and advanced technology.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/24/2013 8:25 AM Hold
None
42.66
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD up  1.51 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/19/2012 8:25 AM Buy
None
37.30
12/8/2010 9:25 AM Buy
None
37.02 38.75
11/19/2010 9:25 AM Buy
None
32.68 33.75
11/16/2010 9:25 AM Buy
None
28.10 30.00
6/15/2010 9:25 AM Buy
None
23.64 27.00
5/18/2010 9:25 AM Buy
None
21.82 23.75

(*) Stock Price at the time of the recommendation.
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