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

Rating:
Buy CRM
up 32.21 %

Salesforce.com Inc (CRM) rated Buy with price target $90 by Argus

Posted on: Thursday,  May 21, 2015  8:25 AM ET by Argus

Argus rated Buy Salesforce.com Inc (NYSE: CRM) on 05/21/2015. Previously Argus rated Buy Salesforce.com Inc (NYSE: CRM) on 10/17/2013., when
the stock price was $52.90. Since then, Salesforce.com Inc has gained 32.21% as of 11/20/2015's recent price of $69.94.
If you would have followed the previous Argus's recommendation on CRM, you would have gained 32.21% of your investment in 764 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.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/21/2015 8:25 AM Buy
None
73.67 90.00
as of 8/27/2015
1 Week up  3.12 %
1 Month down  -5.74 %
3 Months down  -4.03 %
1 YTD up  26.72 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/17/2013 8:25 AM Buy
None
52.90 63.00

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